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In 2017, many of the founders and employees of the venerable Stone Ridge Asset Management were investing heavily in bitcoin, so much so that it necessitated that the firm's auditors needed to explore the acquisitions more closely
Within the last few months Fidelity Investments, Grayscale Investments LLC, WisdomTree, CBOE/VanEck, NYDIG Asset Management, Valkyrie Digital Assets and SkyBridge Capital have all filed with the SEC to launch a Bitcoin ETF
MassMutual spent $5M (chump change) to acquire a minority interest in NYDIG AND buy $100M of bitcoin from NYDIG's portfolio
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