Wow, 60% of the largest Hedge Funds own Bitcoin ETFs

in #bitcoin4 days ago

This was surprising even to me!

Of the largest hedge funds in the world, roughly 60% of them own bitcoin via the ETFs!

That is big time!

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(Source: https://x.com/BitcoinMagazine/status/1825853692744012252/photo/1)

That number caught me off guard in a big way.

I suspected it would be in the 20% range.

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"Mind blown! 🤯 That's huge news for Bitcoin enthusiasts like us! 😊 I'm curious to know more about this, have you dug deeper into what's behind this surprising statistic? 💡 Would love to hear your thoughts on the implications of this!"

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