Billionaires Sell Nvidia Stock and Buy a BlackRock ETF Wall Street Experts Say Could Soar Up to 12,160%
From Nasdaq: 2025-06-27 03:12:00
- Nvidia’s stock has soared 912% since January 2023, making it a top performer in the S&P 500. Hedge fund managers like Ken Griffin and Steven Cohen sold Nvidia shares but bought the iShares Bitcoin Trust, signaling a shift in focus and portfolio diversification strategy.
- The iShares Bitcoin Trust, backed by BlackRock, tracks Bitcoin’s price and has seen a 15% increase in 2025. Analysts predict massive gains, with estimates ranging from 370% to 12,160% upside by 2045. Institutional adoption of Bitcoin is rising, making it a compelling long-term investment.
- Despite concerns about reduced demand for Nvidia’s GPUs due to more efficient training techniques and export controls tightening, the company reported strong Q1 financial results. Wall Street expects 40% annual earnings growth through 2027, making Nvidia’s current valuation reasonable for potential market-beating returns.
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