https://exante.eu/press/news/397/ "The Bitcoin Fund which is traded exclusively on the EXANTE fund platform and was launched in late 2012 is the best performing hedge fund year to date (2013) with a return of 4847% (Source: Bloomberg). The Bitcoin Fund has now secured its place in financial history as never before such an exceptional result has been achieved by a fund of its kind." "The Fund according to EXANTE does not use leverage or derivatives for risk management and there is no discretionary management, one Fund shares is strictly equal to the value of one bitcoin, which are bought and sold as investors buy and sell Bitcoin Fund shares." "EXANTE is regulated by the Malta Financial Authority As of 18 Nov 2013 the value per unit of the Bitcoin Fund was: 658.000 USD per unit."