Wall Street banks that invested in Bitcoin see $1.4 billion gain from latest rally

It has been revealed that Wall Street banks that invested in Bitcoin have made profits of around $1.4 billion (approximately 218.4 billion yen) due to the recent surge in Bitcoin's value.
Bitcoin price surges after US presidential election, big Wall Street banks hit $1.4 billion, reports say
In relation to this, Cointelegraph reported that "large banks invested heavily in Bitcoin futures in the weeks leading up to the election, totaling 52,820 Bitcoin (BTC)."
"The size of the banks' long positions at the Chicago Mercantile Exchange (CME) totaled $3 billion," it said.
The average purchase price (of Bitcoin) is estimated to be $65,800," he added.