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Financial institutions in Hong Kong are planning to launch Bitcoin spot ETFs, with Ethereum spot ETFs also under discussion. Institutions representing trillions of dollars in assets, including Morgan Stanley and Wells Fargo, are gearing up to invest in the spot Bitcoin ETF by June end. Harvest Finance and nine other financial institutions are in the process of applying to launch spot Bitcoin and Ethereum ETFs in Hong Kong. Patient Capital Management has filed with the SEC to invest up to 15% of its $1.7 trillion Opportunity Trust Fund in Bitcoin ETFs.
🚨 BREAKING 🚨 $1.7 TRILLION PATIENT CAPITAL MANAGEMENT HAS FILED WITH THE SEC TO BUY BITCOIN ETFs FOR ITS OPPORTUNITY TRUST FUND. BULLISH 🔥
This morning Patient Capital Management, which has $1.7 billion in AUM, has filed with the SEC to buy Bitcoin ETFs with up to 15% of their fund. Here is my latest interview with founder @SamanthaMcLemor about her investing style & thought process 👇🏼 https://t.co/3a9MAom8hW
NEW: Patient Capital Management files with the 🇺🇸 SEC "to seek exposure to #Bitcoin by investing up to 15%" of its 💵 $1.7T Opportunity Trust Fund in #Bitcoin ETFs 🙌 https://t.co/Rs7w3BQ4mW