A new player is entering the institutional Bitcoin space. Cantor Fitzgerald, along with digital asset giants Tether, Bitfinex and global investor SoftBank is launching 21 Capital, a new Bitcoin-focused investment vehicle. The firm will hold billions in bitcoin and hopes to offer a more structured and diversified alternative to Strategy’s aggressive bitcoin acquisition program. The venture will receive $3 billion in bitcoin from its founding partners: $1.5 billion from stablecoin issuer Tether $900 million from tech investment giant SoftBank $600 million from the Bitfinex exchange All of this bitcoin will be converted into shares of 21 Capital at a fixed …