Hedge Funds and Crypto: A 2025 Bubble Waiting to Pop?
In May 2024 River, a U.S.-based bitcoin technology and financial services company, released unverified details of U.S. hedge funds exposure to crypto. One of the firms mentoned was Elliott Management, which River suggested held 168 bitcoins as well as having exposure to bitcoin ETFs. Today we investigate hedge funds increasing interest in crypto and whether 2025 is a crypto bubble waiting to pop.
Elliott Management is a hedge fund known for its activist investor approach to companies such as Phillips 66. It is also known as the hedge fund which is not afraid of a fight. Much of the firm’s activity centres on taking significant stakes in companies and pushing for change to increase shareholder value. Now the company is facing…
