Brazilian Investment Bank BTG Pactual Launches New Fund to Invest 20% in $ETH

TokenInsight news, leading Brazilian investment bank BTG Pactual has announced that it has launched a new marketplace fund that will invest in Ethereum. The fund is said to be called BTG Pactual Reference Ethereum 20, of which 20% will be invested in $ETH, the cryptocurrency native to the Ether network, with the remaining 80% invested in fixed income. It requires a minimum investment of BRL 100 (USD 17.74) and charges an annual management fee of 0.5%.