Global Funds Hold $43 Billion in Bitcoin

Global mutual funds now hold more than $43 billion worth of bitcoin on behalf of their clients, according to a report by financial news. Meanwhile, the companies’ bitcoin holdings totaled $6.5 billion.

Anatoly Krashilov, CEO of Nickel Digital – the company that provided the data behind the report – said: financial times That inclusion of bitcoin in the portfolios of leading global asset managers was a “very important endorsement of bitcoin’s emerging function of inflation hedge”.

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