Hedge fund Elliott has warned that the Trump administration's support for cryptocurrencies has fuelled a speculative frenzy that could cause "havoc" when prices plunge. The $70 billion firm has taken aim at the US government's crackdown on assets with soaring prices but "no substance", according to an investor letter.
Hedge fund Elliott has warned that the Trump administration's support for cryptocurrencies has fuelled a speculative frenzy that could cause "havoc" when prices plunge. The $70 billion firm has taken aim at the US government's crackdown on assets with soaring prices but "no substance", according to an investor letter.
Elliott Capital disclosed that its holdings in the BlackRock spot bitcoin ETF IBIT were worth nearly $12 million. In addition, Apollo Management Holdings disclosed that its holdings in ARKB were worth $53.20 million at the end of the quarter. Other high-profile individuals who disclosed allocations to spot bitcoin ETF funds on Wednesday include Aristeia Capital and Hudson Bay Capital.
Elliott Capital披露,其持有贝莱德现货比特币ETF IBIT价值近1200万美元。此外Apollo Management Holdings披露了季度末持有ARKB价值5320万美元。周三透露将资产配置到现货比特币ETF基金的其他知名人士还包括Aristeia Capital和Hudson Bay Capital。