According to Odaily, billionaire and owner of the New York Mets, Steven Cohen's hedge fund, Point72, held $77.5 million in Fidelity Bitcoin Spot ETF (FBTC) shares by the end of the first quarter of this year. The hedge fund is worth $34 billion.
A report from Bitcoin brokerage firm River reveals that out of the top 25 hedge funds in the United States, 13 purchased Bitcoin Spot ETF in the first quarter. The main buyers included Elliott Capital, Millennium Management, Fortress Investment Group, and Schonfeld Strategic Advisors.
