Billionaires reduce Nvidia holdings, invest in Bitcoin ETF; experts predict significant growth potential.

From Nasdaq: 2025-03-01 03:40:00

In the fourth quarter, top hedge fund managers sold Nvidia and bought iShares Bitcoin Trust. Israel Englander, Ken Griffin, and David Shaw made significant moves in their portfolios, reducing Nvidia stakes and adding to Bitcoin Trust positions.
Nvidia reported strong Q4 results with revenue up 78% to $39.3 billion and non-GAAP net income up 71%. Despite a 10% stock decline, Stifel analyst sees potential rebound with next-gen GPUs. Wall Street expects 50% earnings growth in 2026, making current valuation attractive.
Bitcoin’s recent surge has experts predicting exponential growth: Cathie Wood sees $3.8M by 2030, Gautam Chhugani expects $1M by 2033, and Michael Saylor eyes $13M by 2045. Factors like ETF adoption, mining subsidies halving, and national asset stockpile could drive value.
Considering the potential of Bitcoin but acknowledging its volatility, investors should assess their risk tolerance before investing in iShares Bitcoin Trust. Expert forecasts point to substantial growth, but history shows it won’t be a smooth ride.



Read more at Nasdaq: Billionaires Sell Nvidia Stock and Buy a BlackRock ETF Wall Street Experts Say May Soar Up to 15,375%