52% Of Top US Hedge Funds Own Bitcoin ETFs
Posted on AllSides May 25th, 2024
From The Right
52% Of Top US Hedge Funds Own Bitcoin ETFs 534 institutions with over $1 billion in assets now hold Bitcoin ETFs, according to bitcoin app River. In a blog post published this week, River noted that over 534 entities, each managing assets exceeding $1 billion, have now incorporated Bitcoin ETFs into their portfolios. The diverse group of owners includes hedge funds, pension funds, and insurance companies, underscoring the wide-ranging acceptance of Bitcoin, the blog wrote, adding that notably, more than half of the top 25 hedge funds in the United...