Analysis: Some large institutional investors are beginning to shift investment direction from Nvidia to cryptocurrency ETFs
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Golden Finance reports that some large institutional investors are turning their attention from artificial intelligence chip manufacturer Nvidia to leading cryptocurrency ETFs. Data shows that Israel Englander of Millennium Management reduced his holdings in Nvidia by 12.5% in the third quarter of 2024. %. Capula Managment's Yan Huo declined 27.7% in the third quarter. At the same time, the two high-profile billionaire investors increased their positions in Bitcoin through BlackRock IBIT, with Englander increasing his IBIT position by 12.6 million shares in the third quarter, while Yan Huo increased his holdings 1.1 million shares.