Hedge fund billionaires reduced Nvidia holdings, investing in Invesco QQQ Trust and cryptocurrency iShares Bitcoin.
Hedge fund billionaires, including Cohen, Englander, Griffin, and Shaw, reduced Nvidia stakes and invested in growth-focused Invesco QQQ Trust (Nasdaq-100 index) and cryptocurrency iShares Bitcoin Trust. Invesco QQQ Trust returned 171% in five years, while Bitcoin Trust reached $10B faster than any ETF. These moves indicate potential in tech stocks and cryptocurrencies.
June 16, 2024
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