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Novogratz Sees Bitcoin Rising, Says ETFs Likely to Be Approved

Novogratz Sees Bitcoin Rising, Says ETFs Likely to Be Approved
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Novogratz Sees Bitcoin Rising, Says ETFs Likely to Be Approved

(Bloomberg) Mike Novogratz, the founder of Galaxy Digital Holdings Ltd., said he expects Bitcoin to rise by the end of this year and predicted the US will approve Bitcoin exchange-traded funds. Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsInflation at 3% Flags End of Emergency, Turning Point for FedNATO Is Papering Over the Cracks After Zelenskiy Loses His CoolGoldman Breaks Its Own Rule to Flag R

Galaxy s Novogratz Says Fidelity to Shift Retail to Crypto Soon

Fidelity has been one of the most visible institutional proponents of digital assets.

Hamptons Elite Parties Are Back, With Grand Hostesses and Money to Burn

Jul 03 2021, 1:23 AM July 02 2021, 9:59 PM July 03 2021, 1:23 AM (Bloomberg) Mike Novogratz hosted a Sunday gospel brunch. Kathy Rayner opened her gardens for Guild Hall. Larry Gagosian gathered art collectors, and Lally Weymouth is set to revive her July 4 weekend dinner party. (Bloomberg) Mike Novogratz hosted a Sunday gospel brunch. Kathy Rayner opened her gardens for Guild Hall. Larry Gagosian gathered art collectors, and Lally Weymouth is set to revive her July 4 weekend dinner party. The Hamptons elites are back on their social circuit, chattering in person about inflation, migration and taxes. Goldman Sachs’s Ashok Varadhan said at Novogratz’s brunch that he’s been reading academic papers on cryptocurrency.

Mike Novogratz Backs Volatility Fund Betting Covid-Hit Trade Rebounds

Mike Novogratz backs volatility fund betting COVID-hit trade rebounds Donal Griffin and Yakob Peterseil, Bloomberg News The digital age is finally coming to finance: Novogratz on Bitcoin rally and IPO VIDEO SIGN OUT Mike Novogratz, the billionaire Bitcoin investor, is wagering on volatility, a market that’s still scarred from the COVID crash earlier this year. Novogratz, 56, is among the backers of Millbank Dartmoor Portsmouth LLC, an investment fund founded by Wall Street veteran Dennis Davitt that seeks to have more than US$1 billion under management within the next 12 months. The firm will offer volatility-based strategies to investors such as pension funds and family offices, Davitt said in an interview including versions of the so-called short-volatility bets that imploded in March.

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