Fund managers boost exposure to bitcoin ETFs, quarterly US filings show
- Asset managers increased their investments in U.S. bitcoin exchange-traded funds in the fourth quarter of 2024 as bitcoin's price rose by 47%, according to regulatory filings.
- The State of Wisconsin Investment Board revealed that its bitcoin ETF holdings more than doubled to 6 million shares by December 31.
- Mubadala Investment Co, a sovereign wealth fund, entered the bitcoin ETF market with an 8.2 million share stake worth $436.9 million.
- Hedge fund Hunting Hill Capital became a significant investor in bitcoin ETFs, holding positions valued at about $131 million by the end of December 2024.
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Total News Sources13
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
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50% Center
L 17%
C 50%
R 33%
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