Compass Investments

Crypto vs. Dollar

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Over the past week, it has come to light that a slew of professional investment firms and major banking institutions have invested heavily in bitcoin-ETFs, as disclosed in their latest 13F reports filed with the U.S. Securities and Exchange Commission (SEC). According to the May 9 filing, more than 600 professional investment firms reported ownership of bitcoin-ETFs totaling $3.5 billion. That number is expected to reach 700 companies with a total investment of $5 billion by the May 15 reporting deadline. Bitcoin📌- Over the past week, it has come to light that a slew of professional investment firms and major banking institutions have invested heavily in bitcoin-ETFs, as disclosed in their latest 13F reports filed with the U.S. Securities and Exchange Commission (SEC). According to the May 9 filing, more than 600 professional investment firms reported ownership of bitcoin-ETFs totaling $3.5 billion. That number is expected to reach 700 companies with a total investment of $5 billion by the May 15 reporting deadline.

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