How many hedge funds bought into bitcoin ETFs in the first quarter?
As a keen observer of the intersection between finance and cryptocurrency, I'm curious to delve deeper into the recent trends in Bitcoin investments. Specifically, I'm wondering how many hedge funds took the plunge and bought into bitcoin ETFs during the first quarter of this year. This question is particularly relevant given the volatile nature of the crypto market and the potential for significant gains or losses in such investments. Understanding the number of hedge funds involved, and potentially their motivations and strategies, could provide valuable insights into the overall sentiment and direction of the market.