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coinpedia 2024-05-18 06:20:04

Point72 Invests $77.5M in Bitcoin ETF

The post Point72 Invests $77.5M in Bitcoin ETF appeared first on Coinpedia Fintech News Thirteen of the 25 largest U.S. hedge funds bought Bitcoin ETFs in Q1 2024. Steven Cohen’s $34 billion hedge fund, Point72, held $77.5 million in the Fidelity Wise Origin Spot Bitcoin ETF. This investment trend also extends to other significant hedge funds like Paul Singer’s Elliott Capital and Izzy Englander’s Millennium Management, which holds $2 …

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