A small allocation to bitcoin has such a positive effect on returns and sharpe ratios, that they are just too good to ignore.
While small now, more and more of these are appearing and the ETFs are the perfect vehicle for funds like this, that couldn't otherwise hold bitcoin.
You think they deal in Tether? /s
Private Capital Fund reported owning 3,471 shares of the Fidelity Bitcoin ETF (FBTC) as of March 31.
Source and link to SEC filing.
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