Point72 Invests $77.5 Million in Bitcoin Exchange-Traded Fund (ETF)

Point72, along with other well-known hedge funds such as Elliott Capital managed by Paul Singer and Millennium Management led by Izzy Englander, is putting money into Bitcoin exchange-traded funds (ETFs). These funds, which had about $2 billion allocated to them as of March 31, are currently the biggest institutional investors in this sector. The fact that these prominent investors are getting involved in Bitcoin ETFs shows a growing interest and trust among institutions in Bitcoin as an investment option. For the latest updates on financial and business news, visit COINTURK FINANCE.