Billionaires Are Buying a BlackRock ETF Wall Street Experts Say May Soar Up to 50,415%

Several billionaire hedge fund managers in the third quarter added to their positions in the iShares Bitcoin Trust (NASDAQ: IBIT), an exchange-traded fund (ETF) issued by BlackRock that tracks the price of Bitcoin (CRYPTO: BTC). Details are provided below:Importantly, those trades took place in the third quarter, which ended several months ago. The fund managers may have added or sold shares since then, but we won't know what action they took in the fourth quarter until Forms 13F are filed later this month.However, the trades above still suggest institutional investors are increasingly interested in Bitcoin. Certain Wall Street experts think that trend will ultimately make the cryptocurrency much more valuable.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool