This marks a major turning point for the cryptocurrency industry as institutional investors continue to enter the space. Hedge Funds Embrace Bitcoin ETFs The report from River reveals that hedge funds are increasingly embracing bitcoin ETFs as a way to gain exposure to the digital asset. This is a significant shift from just a few years ago when many hedge funds were skeptical of cryptocurrencies. Now, with the rise in institutional interest and the recent approval of bitcoin ETFs by regulators, hedge funds are starting to see the potential for significant returns in the crypto market. Top Funds Invest in BTC ETFs Among the top hedge funds, Grayscale Investments remains the most popular choice for gaining exposure to bitcoin. The firm's Bitcoin Trust (GBTC) is the most widely held bitcoin ETF among hedge funds, with over 10% of the top 25 funds holding shares. In addition, other popular choices for hedge funds include the newly launched Purpose Bitcoin ETF (BTCC) and the CI ...
Welcome to Daily Crypto Talkies News, your ultimate source for latest and most relevant news, insights, and updates from the world of cryptocurrency. Our blog aims to provide valuable information to crypto enthusiasts for only learning purpose.
Join with us !
Download App Now