you are currently viewing:Ultimus Assists Nightview Capital in Seamless Conversion of a Private Fund into the Firm's First ETF Under Section 351March 25, 2025-Firm selects Ultimus to support the launch of the Nightview Fund The conversion of the private fund into an ETF under Section 351 was executed seamlessly with the help of Ultimus' experienced team. As a result of the successful Section 351 conversion, investors in the Nightview private fund received shares in the ETF equal in value to their respective holdings in the private fund, with no tax consequence from the transaction. Source: Ultimus Fund Solutions, LLC |
March 18, 2025-- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025.