Bitcoin ETF

Bitcoin

Hedge

Bitwise reports that U.S.-based institutional investors continue to demonstrate strong support for Bitcoin through spot ETFs, with around 66% either maintaining or increasing their holdings.
This trend comes amidst market volatility and declining prices during Q2.
<h2 id="surge-in-institutional-filings">Surge in Institutional Filings</h2>
Bitwise’s chief investment officer, Matt Hougan, highlighted this trend in an August 15 post on X, noting a rise in the number of filings associated with spot Bitcoin ETFs.
“The institutions are still coming; total filings are up,” Hougan <a href="https://x.com/Matt_Hougan/status/1823862825577844953" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">commented</a>, referring to the 1,924 holder-to-ETF pairings recorded across all Bitcoin funds during Q2. This marks a 30% increase from the 1,479 pairings reported in Q1.
Although these figures reflect some overlap due to individual institutions holding positions in multiple ETFs, the consistent growth in filings indicates a rise in such participation.
Hougan’s analysis suggests that these investors are not easily shaken by market downturns. Of the institutions that had invested in spot Bitcoin ETFs during Q1, 44% increased their holdings in Q2, while 22% maintained their positions. Meanwhile, only 21% reduced their exposure, and 13% exited entirely.
<blockquote>
 “If you thought institutional investors would panic at the first sign of volatility, the data suggest otherwise,” said Hougan.
</blockquote>
Hedge funds continue to be significant players in the spot Bitcoin ETF market, with major names like Millennium, Schonfeld, Boothbay, and Capula prominently <a href="https://cryptopotato.com/this-european-hedge-fund-giant-announces-464-million-investment-in-spot-bitcoin-etfs/" data-wpel-link="internal" rel="noopener noreferrer nofollow">featured</a> among top holders.
However, the filings also reveal a diverse range of investors, including advisors, family offices, and select institutional investors, all contributing to the increasing adoption of spot Bitcoin ETFs.
<blockquote>
 “ETFs are a big tent that attract a wide variety of investors. It’s kind of great to see Millennium nestled up against the State of Wisconsin in these ETF filings,” Hougan remarked.
</blockquote>
Looking ahead, Hougan expressed hope that wealth managers and pension funds will represent an increasingly larger share of this market.
<h2 id="major-institutional-investors-holdings">Major Institutional Investors’ Holdings</h2>
Meanwhile, the Q2 filings also <a href="https://cryptopotato.com/there-are-hidden-giants-investing-in-the-bitcoin-etfs-bitwise/" data-wpel-link="internal" rel="noopener noreferrer nofollow">revealed</a> that some of the world’s largest financial institutions are expanding their exposure to spot Bitcoin ETFs.
Morgan Stanley <a href="https://cryptopotato.com/morgan-stanley-becomes-fifth-largest-ibit-holder-with-188m-position/" data-wpel-link="internal" rel="noopener noreferrer nofollow">reported</a> holding over 5.5 million shares of the iShares Bitcoin Trust (IBIT), valued at $188 million. This position secures the investment banking company a spot among the top five fundholders of IBIT.
Its filings also disclosed smaller investments in a range of other Bitcoin-related ETFs, including the Valkyrie ETF Trust, Fidelity Wise Origin Bitcoin Fund (FBTC), and Bitwise’s spot Bitcoin ETF.
Similarly, Goldman Sachs <a href="https://cryptopotato.com/goldman-sachs-currently-manages-419m-in-bitcoin-etfs/" data-wpel-link="internal" rel="noopener noreferrer nofollow">reported</a> substantial holdings in spot Bitcoin ETFs, with more than $238 million invested in shares of IBIT and other funds.
Goldman’s portfolio includes nearly 7 million shares of the iShares Bitcoin Trust and significant positions in the Fidelity Wise Origin Bitcoin ETF and Invesco Galaxy spot Bitcoin ETF.
The post <a href="https://cryptopotato.com/majority-of-institutional-investors-held-or-increased-bitcoin-etf-positions-in-q2/" rel="noopener noreferrer nofollow">Majority of Institutional Investors Held or Increased Bitcoin ETF Positions in Q2</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Majority of Institutional Investors Held or Increased Bitcoin ETF Positions in Q2

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