Billionaires Are Buying a BlackRock Index Fund That Could Soar Up to 73,000%, According to Wall Street Experts
BlackRock(BLK) The Motley Fool·2024-10-19 07:45
Highly successful hedge fund managers are investing in cryptocurrency. In the first half of 2024, the billionaires listed below started positions in BlackRock's exchange-traded fund (ETF) that tracks the spot price of Bitcoin (BTC 0.57%). The fund is called the iShares Bitcoin Trust (IBIT 2.68%). Their positions remain small, but their ownership is still noteworthy because they manage the three best-performing hedge funds in history as measured by net gains, according to LCH Investments. Ken Griffin of Cita ...