Billionaires Are Selling Nvidia and Buying a Cryptocurrency ETF That Some Wall Street Experts Think May Soar Up to 3,500%

During the past five years, Nvidia (NASDAQ: NVDA) has been one of the hottest tech stocks on the planet. In that time period, Nvidia rose more than 2,000%. It's the one stock that is most commonly associated with the artificial intelligence (AI) investment thesis, and there is still good reason to think Nvidia shares will continue to soar during the next 12 months.Yet, according to recent 13F filings with the Securities and Exchange Commission, some top billionaire hedge fund managers are scaling back their positions in Nvidia. That's because they've found an asset that might just have a better long-term outlook than Nvidia. That asset, of course, is Bitcoin (CRYPTO: BTC).Two billionaire hedge fund managers who have embraced Bitcoin are Israel Englander, head of Millennium Management, and Yan Huo, head of Capula Management. Collectively, they manage more than $120 billion in assets, so any moves they take may be emulated by other investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool