Following JPMorgan & Wells Fargo, $12 Billion Boston Hedge Fund Bets Big on Bitcoin with Spot ETF Investment

Bracebridge Capital, a Boston-based hedge fund managing roughly $12 billion in assets, has revealed a significant investment in spot Bitcoin exchange-traded funds (ETFs) totaling $363 million across three funds. According to a recent analysis from Bloomberg ETF analyst Eric Balchunas, Bracebridge Capital has added exposure to the flagship cryptocurrency Bitcoin via the ARK 21Shares Bitcoin […]