According to ChainCatcher, the second quarter 13-F filing submitted by Bracebridge Capital to the SEC showed that it significantly reduced its holdings of spot Bitcoin ETFs in the second quarter, holding only $112 million in Ark 21Shares.

It is reported that Bracebridge Capital held $300 million of Ark 21Shares' ARKB and $100 million of BlackRock's IBIT in the first quarter, as well as $26.52 million of Grayscale GBTC.