With the rise of the Virtual currencies, investment managers may create Alternative Investment Fund to invest or trade these currencies, grant loan to traders, invest in companies active in this sector, etc.
Such so-called Crypto Fund or Virtual Currencies Fund can be setup as an unregulated Alternative Investment Fund within a couple of weeks and remain unregulated if their manager’s AUM remains below 100 Mio eur. Such Funds can also invest in “Tokens”, participate in ICOs, invest in companies active in the Blockchain