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Neuberger Berman To Offer Bitcoin Futures Through $161 Million Commodity Fund
Bitcoin News now admin /

Private investment firm Neuberger Berman is adding Bitcoin futures to its $161 million Commodity Strategy fund, according to a filing with the Securities and Exchange Commission.

Notably, Neuberger Berman will not be investing in Bitcoin directly, but rather will offer clients exposure through Bitcoin Futures.

According to Citywire, a spokesperson for the firm said it is using bitcoin price exposure strategically as a hedge against inflation, as Bitcoin “is scarce by definition.”

On Neuberger Berman’s Bitcoin strategy, the spokesperson continued, “In the interim, however, they believe that there will be strong price trends, including relative price trends, and as such believe exposure to a diversified, albeit modest, portfolio of such crypto assets offers another source of potential return to the portfolio.”