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Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly in energy, industrial metals, precious metals, […]
The post Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance appeared first on Bitcoin News.
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Cryptocurrency hedge funds’ assets under management have been increasing significantly, rising to more than $2 billion at the end of last year, according to a recent survey. The crypto hedge fund industry is expected to “grow significantly” along with the price of bitcoin. Hedge Funds’ AUMs Doubled in 2019 Cryptocurrency hedge funds’ assets under management […]
The post $2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’ appeared first on Bitcoin News.
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Bitcoin (BTC) may not have pumped at the scale expected by many halving optimists, but Wall Street billionaire Michael Novogratz insists that the price will hit $20,000 by year-end. The Galaxy Digital founder and chief executive officer on Monday told CNBC that bitcoin’s surge was inevitable in light of the record money printing by world […]
The post Halving Sell-Off Temporary, BTC to Hit $20,000 by Year End, Says Billionaire Investor Novogratz appeared first on Bitcoin News.
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Google data shows unprecedented interest in Bitcoin’s block halving, far exceeding 2016 numbers.
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A key plateau was reached yesterday that is associated with some of the biggest bull runs in history.
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Hedge fund manager and investor, Paul Tudor Jones, discussed his opinion in regard to the crypto asset bitcoin on Thursday, saying that it reminds him of the part gold played back in the ‘70s. Jones also disclosed that his fund Tudor BVI has a percentage of Bitcoin futures products as well, and he believes the […]
The post Popular Hedge Fund Manager Paul Tudor Jones: ‘Bitcoin Reminds Me of Gold Back in 1976’ appeared first on Bitcoin News.
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