Jay van Eck, CEO of the $108 billion asset manager VanEck, revealed on Friday that he has invested "well over 30%" of his personal wealth in Bitcoin (BTC).

The announcement came during the first panel on the Nakamoto stage on Friday, which included several executives from investment firms offering Bitcoin spot ETF products.

VanEck is one of these firms, with its Bitcoin Trust currently holding $714.09 million in assets.

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