Does Bracebridge Capital hold over 80% of its assets in Bitcoin ETFs? Hedge funds see opportunities for arbitrage.

Bracebridge Capital is a hedge fund based in Boston, Massachusetts. It was founded in 1994 and manages funds from Yale University and Princeton University endowments. According to its website, Bracebridge Capital trades various securities and derivative products, primarily in the fixed income market, with the goal of generating positive returns from pricing inefficiencies. It is a management company that pursues absolute return strategies.