[13 of the top 25 hedge funds in the United States already have exposure to Bitcoin ETFs] Golden Finance reported that data from investment company River showed that as of the end of the first quarter of 2024, 13 of the top 25 hedge funds in the United States already had exposure to Bitcoin ETFs. Among them, it is worth noting that Millennium Management owns 27,263 BTC worth $1.69 billion, accounting for about 2.5% of its total assets under management (valued at $67.7 billion). Other important players include Schonfeld Strategic Advisors (holding 6,734 BTC) and Point72 Asset Management (holding 1,089 BTC). In contrast, some top hedge funds, such as Bridgewater Associates, AQR Capital Management, and Balyasny Asset Management, have not yet invested in Bitcoin ETFs.