Reported 11 days ago
Several billionaire money managers, including Israel Englander and Steven Cohen, are heavily investing in the iShares Bitcoin Trust, an ETF that tracks Bitcoin. Wall Street analysts predict Bitcoin's price could surge by over 1,200% by 2030, with expectations of reaching $1 million. This investment trend, supported by favorable regulatory developments and increasing mining costs, signals a promising future for Bitcoin, despite its volatile nature.
Source: YAHOO