Billionaire Hedge Funder Bill Ackman Mulls Bitcoin
The activist investor has previously mostly steered clear of any involvement in crypto.
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4% of the entire bitcoin supply is now backing US spot ETFs.
U.S. spot bitcoin ETFs now hold roughly 4% of the entire 21 million BTC supply combined.
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@DrMatraken It's deja vu all over again for bitcoin (BTC) bulls, who for the second time this week barely had a few seconds to celebrate a surge to a new-all time high before prices quickly reversed sharply lower.
@Rafaelmango3 While bitcoin's rising price is likely the main reason for Coinbase's shares gaining in value, the company also stands to benefit from serving as custodian for the majority of the U.S. spot bitcoin ETFs currently trading
@Abundiantus1 Fortunately, entrepreneurs around the world are using blockchain technology to build an internet without these flaws – one that returns the internet to its foundation as an open network