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Fund managers boost exposure to bitcoin ETFs, quarterly US filings show
Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S. exchange-traded funds tied to the price of bitcoin in the fourth quarter of 2024, as the price of the world's largest cryptocurrency soared 47%, according to recent regulatory filings. The State of Wisconsin Investment Board disclosed in its quarterly 13-F filings with the Securities and Exchange Commission that its bitcoin ETF holdings more than doubled in the final three months of last year, to 6 million shares of the iShares Bitcoin Trust ETF by December 31. The fund, which was the first fund of ... (full story)
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- Posted: Feb 15, 2025 1:51am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 178
