More than 600 companies disclosed significant investments in spot Bitcoin exchange-traded funds (ETFs) in 13F filings filed with the U.S. Securities and Exchange Commission (SEC) over the past week. According to disclosed data, the specialized investment firm declared ownership of a staggering $3.5 billion in Bitcoin ETFs.
Millennium Management emerged as the largest investor in the BTC ETF, allocating a whopping $1.9 billion. Their investments include $844.2 million in BlackRock’s iShares Bitcoin Trust (IBIT), $806.7 million in Fidelity’s Wise Origin Bitcoin Fund (FBTC), and $806.7 million in Grayscale Bitcoin Trust (GBTC). ) and $45 million to the ARK 21 Shares Bitcoin ETF (ARKB). Bitwise Bitcoin ETF (BITB) is $44.7 million.
This was followed by Schoenfeld Strategic Advisors, a hedge fund with $13 billion in assets under management that invested heavily in BlackRock ETFs with $248 million and another $231.8 million in Fidelity funds. The total amount was 479 million dollars.
Morgan Stanley, one of the leading financial institutions, has revealed a significant investment of $269.9 million in GBTC, solidifying its position as one of the largest GBTC holders. Alternative asset manager Alistair Capital has announced a $163.4 million investment in IBIT.
Other financial giants such as JPMorgan, Wells Fargo, UBS, BNP Paribas and Royal Bank of Canada are also on the investor list. While inflows have slowed significantly in recent weeks, the Spot Bitcoin ETF saw significant demand in the first three months after its launch in mid-January.
