Sat, February 15, 2025
Fri, February 14, 2025

Fund managers boost exposure to bitcoin ETFs, quarterly US filings show

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Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S. exchange-traded funds tied to the price of bitcoin in the fourth quarter of 2024,
According to a Reuters article published on February 15, 2025, fund managers have significantly increased their exposure to Bitcoin through exchange-traded funds (ETFs) as revealed by the latest quarterly U.S. securities filings. The surge in interest comes amidst a broader acceptance of cryptocurrencies in traditional investment portfolios. The filings indicate that several prominent asset managers have either launched new Bitcoin-focused ETFs or have increased their stakes in existing ones, reflecting a growing confidence in Bitcoin's stability and potential as an investment asset. This trend is part of a larger movement where institutional investors are seeking to diversify their holdings with digital assets, driven by Bitcoin's performance and regulatory advancements that have provided clearer guidelines for crypto investments.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/fund-managers-boost-exposure-bitcoin-etfs-quarterly-us-filings-show-2025-02-15/ ]