Important Development: The Giant Company Notified the SEC That It Purchased $5.2 Billion Bitcoin Spot ETF!

Boothbay Fund Management, a well-known and respected investment firm based in New York, announced its significant investments in Bitcoin ETFs. The disclosure came in the form of a 13F filing, a three-month requirement by the Securities and Exchange Commission (SEC) for institutional investment managers with at least $100 million in eligible assets.

The filing revealed that Boothbay has made significant investments in several Bitcoin #ETFs . The assets owned by the company are as follows:

BlackRock Bitcoin ETF: $149,803,752 (3,701,600 shares)

Fidelity Bitcoin ETF: $105,502,000 (1,700,000 shares)

Grayscale BTC: $69,487,000 (1,100,000 shares)

Bitwise Bitcoin ETF: $52,258,500 (1,350,000 shares)

The total value of all reported 13F positions is a staggering $5.2 billion. With these investments, Boothbay emerged as the reported largest shareholder of BlackRock, Fidelity, and Bitwise ETFs.

13F filing is a very important requirement for large investment firms. This mandate requires them to disclose their holdings in U.S.-traded stocks, options and now #BTC ETFs as of the last day of the quarter. This obligation ensures transparency in financial markets and allows investors to follow the investment activities of large institutional investors.
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