In 2024, Bitcoin experienced an impressive return of 120%, far surpassing the 40% returns achieved by crypto hedge funds. Many investors sought exposure to Bitcoin through ETFs, proving more accessible than hedge funds.
David Kalk from Reflexive Capital highlighted that 2024 was a favorable year for Bitcoin and memecoins. The final quarter drew exceptional gains as President Trump supported crypto, alongside Blackrock’s IBIT ETF, which accumulated approximately 50 billion USD in assets.
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