Point72 Invests $77.5M in Bitcoin ETF
15d ago•
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Point72, a hedge fund managed by prominent philanthropist Steve Cohen, recently disclosed a $77.5 million investment in the Fidelity Wise Origin Bitcoin Fund (FBTC) at the close of the first quarter. This substantial commitment highlights Point72’s entry into the spot Bitcoin exchange-traded fund (ETF) market, signaling an increasing trend among major hedge funds adopting Bitcoin […]
Continue Reading:Point72 Invests $77.5M in Bitcoin ETF
15d ago•
bullish:
0
bearish:
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