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🟠WALL STREET INVESTE IN BITCOIN

🟠WALL STREET INVESTE IN BITCOIN

Giorno: 16 maggio 2024 | Ora : 20:22 Hedge funds, pension funds, and banks have invested in Bitcoin ETFs, joining retail traders in the cryptocurrency market. Hedge funds like Millennium Management and Point72 Asset Management, as well as pension funds and banks, have purchased shares in Bitcoin ETFs. The recent 13F reports filed with the US Securities and Exchange Commission show that around 1,000 filers held shares in the ETFs. However, the reports do not indicate the reasons behind the investments. Retail investors still own the majority of Bitcoin ETFs, but Wall Street's interest in the digital asset is growing.

Hedge funds, pension funds, and banks have recently started investing in Bitcoin exchange-traded funds (ETFs), alongside retail traders in the cryptocurrency market. Prominent hedge funds such as Millennium Management and Point72 Asset Management, as well as pension funds and banks, have purchased shares in Bitcoin ETFs. According to the 13F reports filed with the US Securities and Exchange Commission, approximately 1,000 filers held shares in these ETFs. However, the reports do not provide insight into the motivations behind these investments. While retail investors still dominate the ownership of Bitcoin ETFs, Wall Street's interest in the digital asset is steadily increasing.

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