See every side of every news story
Published loading...Updated

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.
Insights by Ground AI
Does this summary seem wrong?

13 Articles

All
Left
1
Center
3
Right
2
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

cryptotale.org broke the news in on Friday, February 14, 2025.
Sources are mostly out of (0)