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@ tzongocu
2025-02-26 21:18:02
📰 News Alert:
🔖 Title: Hedge funds and RIAs boost Bitcoin exposure to $34.3B, up 357% in 2024
🗓️ Published: Wed, 26 Feb 2025 21:15:43 +0000
📄 Summary: Hedge funds and RIAs increased their exposure to Bitcoin through ETFs to $34.3 billion by Dec. 31, marking a 357% growth in 2024. The report indicates that 458 RIAs have BTC exposure, with a weighted average allocation of 0.02%, suggesting a growing interest in cryptocurrency among institutional investors.
🔗 https://cryptoslate.com/hedge-funds-and-rias-boost-bitcoin-exposure-to-34-3b-up-357-in-2024/
🗞️ Source: CryptoSlate
#bitcoin #crypto #news