Bitcoin ETF

Bitcoin

Hedge

<ul class="wp-block-list news-points"> 
 <li>60% of top 25 hedge funds, including major players, now hold Bitcoin ETFs. </li> 
 <li>This trend signals increasing acceptance of Bitcoin and cryptocurrencies among traditional investors. </li> 
 <li>Hedge funds’ embrace of Bitcoin ETFs reflects a shift in investment strategies towards digital assets. </li> 
</ul>   
Major hedge funds have increased their Bitcoin ETF holdings, with 60% of the top 25 hedge funds now owning a stake in these digital assets. This trend signals a growing acceptance of cryptocurrencies among institutional investors.   
Data shows that <a href="https://x.com/BitcoinMagazine/status/1825853692744012252" target="_blank" rel="nofollow">these hedge funds</a>, including major players like Citadel, Millennium, and G.S. Asset Management, are increasingly incorporating Bitcoin ETFs into their investment strategies.   
Millennium Management currently has the largest position, holding 27,263 BTC in its ETF portfolio, after adding 1,429 BTC during the second quarter of 2024. G.S. Asset Management and Schonfeld Strategic Advisors also hold significant positions, with 6,202 BTC and 6,734 BTC, respectively. Interestingly, G.S. Asset Management acquired its entire position in Q2 2024.   
Other funds, such as Mariner Investment Group and Elliot Investment Management, have al…
The post <a href="https://coinedition.com/6-in-10-top-hedge-funds-now-own-bitcoin-etfs/">6 in 10 Top Hedge Funds Now Own Bitcoin ETFs</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

6 in 10 Top Hedge Funds Now Own Bitcoin ETFs

Coin Edition

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