The SEC's 13F filing, which requires institutional investors managing more than $100 million in assets to disclose their equity holdings on a quarterly basis, has shown growing interest in New Bitcoin spot ETFs launching in Q1 2024.

According to the report, institutional investors have purchased shares in these ETFs, with two advisory firms, Legacy Wealth Asset Management and United Capital Management of Kansas Inc., investing more than $20 million in the Fidelity Bitcoin Fund Wise Origin (FBTC) – accounts for 6% and 5% of their capital, according to Bloomberg ETF senior analyst Eric Balchunas.

Balchunas notes:

“This far exceeds the $17 million an advisor put into IBIT”

Additionally, according to SEC filings, there were recent purchases of Grayscale GBTC, with Raymond James & Associates acquiring a notional value of $1,841,153 and Raymond James Financial Services Advisors purchasing $1,505,404.

The growing adoption of spot bitcoin ETFs by institutional investors in the first quarter shows growing acceptance and interest in the digital asset market.

Source: https://tapchibitcoin.io/bitcoin-etf-cua-fidelity-da-thu-hut-cac-nha-dau-tu-to-chuc-lon-trong-quy-1.html