These Top Hedge Funds are Buying Coinbase and Other Bitcoin Stocks
In this article we will take a look at the top hedge funds buying Coinbase and other bitcoin stocks. You can skip our comprehensive analysis of the crypto industry and go directly to Hedge Funds are Buying Coinbase and These 5 Bitcoin Stocks
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Hedge funds are loading up on crypto stocks as the market for cryptocurrencies grows into a multi-trillion dollar monster that shows no signs of being tamed. The positive investor sentiment around blockchain, and digital-only currencies in general, seems driven by crypto stock rallies over the past year and the high returns offered to those that have historically backed the rise of the new technology. The price of Bitcoin, a blockchain-based cryptocurrency launched in 2008, soared to over $65,000 last week, although it has pulled back by 15% since.
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