Billionaire Steve Cohen's Point72 held $77.5 million in spot Bitcoin ETFs.
Point72, JP Morgan, Millennium Management, and others have disclosed their exposure to spot Bitcoin ETF s. Inflows from company investments have reached a total of $1.3 billion in the last two weeks. Bitcoin ETF s put together strong inflows in May to offset the outflows in April. Billionaire Steve Cohen's Point72 held $77.5 million in spot Bitcoin ETF s.
Read more:Vanguard CEO shoots down possibility of launching spot BTC ETF despite firms disclosing $100M+ in assets Notably, according to data from bitcoin brokerage firm River, 13 out of the top 25 hedge funds in the US bought into spot Bitcoin ETFs. A majority of the nation's largest hedge funds are betting on #Bitcoin With the introduction of Bitcoin ETFs, institutions have run out of reasons to say no to sound money pic.twitter.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Spot Bitcoin ETFs witness 5th consecutive day of outflows as halving imminentSpot Bitcoin ETFs witness 5th consecutive day of outflows as halving imminent
Read more »
Hong Kong Bitcoin ETFs Record $8.5 Million in First Day VolumeHong Kong's new spot Bitcoin ETFs saw only $8.5 million volume on opening day.
Read more »
$500,000,000 Bitcoin ETF Outflows: Analysts Speak About 'Worst Day by Far'After massive outflow of money from US spot Bitcoin ETFs, analysts call new holders 'paper hands'
Read more »
Asia's first spot bitcoin and ether ETFs gain in Hong Kong debutAsia's first spot bitcoin and ether ETFs gain in Hong Kong debut
Read more »
Hong Kong spot Bitcoin and Ether ETFs struggle to gain tractionSpot Bitcoin and Ether ETFs debuted in Hong Kong on April 30, 2024.
Read more »
Pension Consultants are Buying US Spot Bitcoin ETFs: 13F SEC FillingsRecent 13F SEC filings reveal major pension consultant is buying spot Bitcoin ETFs.
Read more »