The latest 13F filings submitted to the U.S. SEC reveal how hedge funds and large banks adjusted their positions in major Bitcoin ETFs in the third quarter. According to data from Fintel (as of September 30), nearly 700 institutional owners and shareholders collectively held 160.2 million shares of BlackRock IBIT. This ETF manages assets totaling $42 billion. Millennium Management remains the primary holder of IBIT, increasing its stake by 12.6 million shares this quarter, bringing its total holdings to 23.5 million shares, valued at $848 million. Goldman Sachs increased its holdings by 5.77 million shares of IBIT, raising its total to 12.7 million shares, valued at $710 million, solidifying its position as the second-largest holder of IBIT. Morgan Stanley reduced its holdings, selling 449,802 shares of IBIT, bringing the value of its Bitcoin ETF portfolio down to $183.39 million. In contrast, JPMorgan only increased its holdings by 387 shares of IBIT ($13,982) and 213 shares of FBTC ($11,877), totaling approximately $65,000 in holdings. (TheBlock)

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