Report: Global Investment Funds Hold More Than $43 Billion In Bitcoin
Investment funds worldwide hold a collective bitcoin supply worth $43.2 billion, spread across various investment vehicles, per a new report.Global investment funds now hold more than $43 billion worth of bitcoin on behalf of their clients, according to a report from Financial News. Corporate bitcoin holdings, meanwhile, have reached a total of $6.5 billion.Anatoly Crachilov, CEO of Nickel Digital — the firm that supplied the data behind the report — told Financial Times that the inclusion of bitcoin in the portfolios of leading global asset managers was “a very important endorsement for....
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