🚀📈🎉 More than half of the top US hedge funds are now riding the Bitcoin wave, with BTC ETFs outperforming major stocks and indexes. Even Wall Street can't resist the allure of Bitcoin, which has seen a 94% return in H1 2024, leaving the S&P 500 (23%) and Dow Jones (14%) in its digital dust. Apple and Tesla? They're trailing behind too.

But not everyone's on board the Bitcoin train yet. Bridgewater Associates, AQR Capital Management, and Balyasny Asset Management are still on the platform, watching the train speed away.

Meanwhile, US firms are sitting on a record $4.11 trillion in cash reserves in Q1 2024, with some like Reddit, JPMorgan, and Wells Fargo dipping their toes into Bitcoin or Bitcoin ETFs.

Veteran trader Peter Brandt predicts Bitcoin's market cap could rise 230% against gold after 2025. So, is Bitcoin the new gold? Share your thoughts below! #Bitcoin #DeFi #Web3

P.S. Nvidia, the world's most valuable publicly traded company, still outperformed Bitcoin. AI boom, anyone? #Technology