Major holdings exposed! Boothbay Fund Company bets on Bitcoin ETF, with a total holding value of nearly $500 million!
The latest SEC documents show that Boothbay Fund Company has become the largest reported holder of BlackRock's spot Bitcoin ETF, with a market value of BlackRock IBIT of up to $150 million!
Holdings details
BlackRock IBIT: $149.8 million Fidelity FBTC: $105.5 million Grayscale GBTC: $69.487 million Bitwise BITB: $52.2585 million
This large-scale investment shows Boothbay's great confidence in the Bitcoin ETF market, and also indicates that institutional investors recognize and are optimistic about crypto assets. As more fund companies join the battle, the Bitcoin ETF market is bound to usher in greater prosperity and development!
Boothbay's heavy layout not only injects strong confidence into the market, but also demonstrates the important position of Bitcoin ETF in the mainstream financial market. With the participation of these big players, it is expected that the demand for Bitcoin and its related products will further increase, bringing more opportunities to investors.
