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Global Funds Hold $43 Billion In Bitcoin

Global Funds Hold $43 Billion In Bitcoin



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 bitcoin’s emerging functionality of the hedge against inflation.”



bitcoinmagazine.com/

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