Billionaires Are Buying a BlackRock ETF — It Could Soar Up to 8,990%, According to Wall Street Experts

In Q2, several prominent hedge fund billionaires increased their stakes in the iShares Bitcoin Trust (NASDAQ: IBIT), an ETF by BlackRock that tracks Bitcoin’s spot price. Notably, managers like Englander and Schonfeld have outperformed the S&P 500 over the past three years, with Englander and Steyer recognized among the top-10 hedge fund managers historically for net gains since inception.

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