Hedge Funds Unfazed by Bitcoin's Future Post-Trump, Says Semler
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Eric Semler, chairman of Semler Scientific Inc., asserts that hedge funds should not be concerned about Bitcoin's future following Donald Trump's presidency. Semler argues that skepticism among hedge funds is misplaced, suggesting that betting on Bitcoin, despite widespread doubt, can yield significant returns. He highlights that hedge funds are increasingly engaging with cryptocurrencies, as evidenced by a PwC survey indicating 47% of hedge fund managers in traditional markets have exposure to digital assets.