Coinbase Bitcoin Fund, Ltd. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 22, 2024, the fund has sold $421,327,214 of interests to 12 investors since its first sale in Feb 2021. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Jasmine Burgess; John D'Agostino; Coinbase Asset Management LLC.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $421,327,214Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Feb 2, 2021
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jasmine Burgess; John D'Agostino; Coinbase Asset Management LLC
- Latest Form D
- Mar 22, 2024
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Coinbase Bitcoin Fund, Ltd.
What is the minimum investment for Coinbase Bitcoin Fund, Ltd.?
According to its latest Form D, filed Mar 22, 2024, the minimum investment Coinbase Bitcoin Fund, Ltd. accepts from an outside investor is $100,000.
Who can invest in Coinbase Bitcoin Fund, Ltd.?
Coinbase Bitcoin Fund, Ltd. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Coinbase Bitcoin Fund, Ltd. raised?
Coinbase Bitcoin Fund, Ltd. reports $421,327,214 sold from 12 investors on its Form D filed Mar 22, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Coinbase Bitcoin Fund, Ltd. based?
Coinbase Bitcoin Fund, Ltd. is based in George Town, Grand Cayman, Cayman Islands.
When did Coinbase Bitcoin Fund, Ltd. launch?
Coinbase Bitcoin Fund, Ltd. reports its first sale in Feb 2021.
Size compared with every hedge fund
Raised more than 72% of the 2,341 hedge funds based in Cayman Islands, and more than 80% of all 10,100 that report sales.
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