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Feb 15, 2025 - 🚀📈 Fund Managers Increase Bitcoin ETF Holdings Amidst Market Surge! 💰🔥 In Q4 2024, asset managers, including hedge funds and pension funds, significantly boosted investments in U.S. Bitcoin ETFs as Bitcoin's price soared by 47%. Notably, the State of Wisconsin Investment Board more than doubled its holdings in the iShares Bitcoin Trust ETF to 6 million shares. Hedge fund Tudor Investment Corp increased its stake to 8 million shares, valued at $426.9 million by December's end. Additionally, Abu Dhabi's Mubadala Investment Co entered the market with an 8.2 million share stake in the iShares ETF. This trend reflects growing institutional confidence in Bitcoin's potential. REUTERS #BitcoinSurge #CryptoInvestment #InstitutionalAdoption
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