Reported 25 days ago
Recent regulatory filings reveal that asset managers significantly increased their investments in U.S. bitcoin ETFs during the fourth quarter of 2024, as the price of the cryptocurrency rose by 47%. Notable investors included the State of Wisconsin Investment Board, which doubled its holdings, and Tudor Investment Corp, which increased its stake significantly. Other firms, including Mubadala Investment Co and various financial advisors, also enhanced their positions, indicating a growing institutional interest in bitcoin ETFs.
Source: YAHOO