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IPFS News Link • Bitcoin

George Soros' Investment Fund Is Reportedly Trading Bitcoin Products

• https://news.bitcoin.com, by Jamie Redman

Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn Fitzpatrick.

Soros Fund Management Reportedly Has 'Greenlight' to Trade Bitcoin
At the end of March, Bitcoin.com News reported on George Soros' investment fund and the company's CIO Dawn Fitzpatrick. At the time, Fitzpatrick said that central bank digital currencies (CBDCs) are a "threat" to bitcoin (BTC), but she also said she doesn't think CBDCs will "be successful in permanently destabilizing bitcoin."

Now a report stemming from undisclosed sources speaking with the news publication website thestreet.com, says Fitzpatrick has allowed the Soros' investment fund to trade bitcoin products.

The reporter, Michael Bodley, cites two sources that have said the CIO Dawn Fitzpatrick has given "the internal green-light to actively trade bitcoin." According to Bodley's report, the sources further noted that Soros Fund Management is also researching other types of digital currency investment vehicles.

Rumors about the billionaire's Soros Fund Management — his family investment firm —investing in cryptocurrencies have been appearing since 2018. During the first week of April 2018, Bloomberg claimed Adam Fisher, an investor at Soros Fund Management, had allegedly received the approval to trade crypto assets.


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