Bitcoin ETF

Bitcoin

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Over 600 firms have disclosed major investments in the Bitcoin ETF in recent SEC filings.</li>
 <li>It is expected that nearly 700 companies will have invested $5 billion in the Bitcoin ETF by May 15.</li>
</ul>
<p>Over the previous week, in excess of 600 companies have announced substantial investments in the Bitcoin ETF in their most recent 13F filings with the U.S. Securities and Exchange Commission (SEC).</p>
<h2 id="investments-in-bitcoin-etf">Investments in Bitcoin ETF</h2>
<p>The chief investment officer at the cryptocurrency asset management firm Bitwise predicts that by the end of the May 15 deadline, close to 700 professional firms will have invested $5 billion in the spot <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> ETF. As per the filing data on May 9, 563 professional investment firms declared owning $3.5 billion worth of Bitcoin ETFs.</p>
<p>Investors include well-known names such as Morgan Stanley, JPMorgan, Wells Fargo, UBS, BNP Paribas, Royale Bank of Canada, and hedge funds like Millennium Management and Schonfeld Strategic Advisors. Millennium Management is the largest BTC ETF investor, with a $1.9 billion investment. Millennium’s investments include $844.2 million in BlackRock’s IBIT, $806.7 million in Fidelity’s FBTC, $202 million in Grayscale’s GBTC, $45.0 million in Ark’s ARKB, and $44.7 million in Bitwise’s BITB.</p>
<h2 id="other-major-investors">Other Major Investors</h2>
<p>Schonfeld Strategic Advisors, a hedge fund with $13 billion in assets under management, was the second largest spot BTC ETF investor with a $248 million investment in IBIT and a $231.8 million investment in FBTC, totaling $479 million. Boothbay Fund Management, a New York-based hedge fund manager, reported a $377 million exposure to spot Bitcoin ETFs, including $149.8 million in IBIT, $105.5 million in FBTC, $69.5 million in GBTC, and $52.3 million in BITB.</p>
<p>Pine Ridge Advisers, a New York-based advisory firm, announced a $205.8 million investment in spot Bitcoin ETFs, which included $83.2 million in BlackRock’s IBIT, $93.4 million in Fidelity’s FBTC, and $29.3 million in Bitwise’s BITB. Morgan Stanley disclosed a $269.9 million investment, all in Grayscale’s GBTC, making it one of the largest GBTC holders. Aristeia Capital Llc, an alternative asset manager, revealed a $163.4 million investment in IBIT.</p>
<p>The spot <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> exchange-traded fund (ETF) launched in the second week of January experienced massive demand in the first three months of its launch. However, in the past month, the inflows have dropped significantly. Despite the recent decrease in inflows, hundreds of financial institutions have disclosed billions in investment in the spot BTC ETF.</p>

Massive Collective Investment Unveiled by 600+ Companies in Bitcoin ETFs

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