Billionaires Are Buying a BlackRock ETF -- It Could Soar Up to 8,990%, According to Wall Street Experts

The iShares Bitcoin Trust could soar in the years ahead as more asset managers and companies buy Bitcoin.In the second quarter, the hedge fund billionaires listed below added to their positions in the iShares Bitcoin Trust (IBIT 1.23%), an exchange-traded fund (ETF) issued by BlackRock designed to track the spot price of Bitcoin (BTC -0.29%).Israel Englander of Millennium Management added 3.8 million shares of the iShares Bitcoin Trust, increasing his stake 22%. The BlackRock ETF ranks among his top-15 hold ...