Millennium, Capula, Tudor pile bitcoin ETFs into portfolios
Portfolio Pulse from
Hedge funds Millennium, Capula, and Tudor are incorporating bitcoin ETFs into their portfolios. President-elect Donald Trump has shown support for digital assets, promising favorable regulation and a national bitcoin stockpile.
November 18, 2024 | 9:30 pm
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POSITIVE IMPACT
ARKB, a bitcoin ETF, is being added to portfolios by major hedge funds like Millennium, Capula, and Tudor, indicating increased institutional interest.
The inclusion of ARKB in the portfolios of major hedge funds suggests a positive outlook for the ETF, driven by institutional interest. This could lead to increased demand and a potential rise in its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80