Hedge funds, pensions, and banks invested significantly in Bitcoin-focused ETFs as the asset gained mainstream acceptance with the help of US regulators. Major players like Millennium Management and other firms from around the world engaged. The funds experienced a net inflow of $17 billion this year, bolstered by BlackRock’s $20 billion IBIT.
Valuations decent, but bond momentum still stronger than equity: Maneesh Dangi
Maneesh Dangi provides insights into current market turmoil, attributing it to US strategies aimed at weakening the dollar. He explains how this affects gold prices,