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

thedogekid - 2024-08-20 20:52:00

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.