Billionaires Buy a BlackRock ETF Wall Street Experts Say May Soar Up to 55,900%

During the fourth quarter, several hedge fund billionaires added to their positions in the iShares Bitcoin Trust (NASDAQ: IBIT), an exchange-traded fund (ETF) managed by BlackRock that tracks the spot price of Bitcoin (CRYPTO: BTC). Details are provided below:Bitcoin ownership for years was primarily limited to retail investors, but Forms 13F filed in February indicate that successful institutional investors have taken an interest. Citadel, D.E. Shaw, and Millennium are the three most profitable hedge funds in history, according to LCH Investments.Importantly, certain Wall Street experts expect Bitcoin (and therefore the iShares Bitcoin Trust) to soar in the coming years. Here's what investors should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool