Millennium Management's Bitcoin Bet: $20B BTC ETF Holding

IconCNT15 May, 2024

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Millennium Management's Bitcoin Bet: $20B BTC ETF Holding

Millennium Management, the global asset manager with $640 billion in assets under management, has announced a significant investment in Bitcoin. According to crypto news outlet X, the firm holds roughly $20 billion worth of Bitcoin ETF, representing 3% of its total assets. This move highlights the growing institutional adoption of cryptocurrencies, with major players recognizing the potential of digital assets. Previously on May 15, 2024, Millennium Management announced its investment in Bitcoin ETF worth $20 billion, representing 3% of its total assets under management.

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