On May 4, institutional investors have successively disclosed their holdings of Bitcoin ETFs in 13F documents submitted to the US SEC. So far, the two largest institutions that have disclosed holdings of Bitcoin ETFs are BNP Paribas and BNY Mellon. Among them, BNY Mellon holds nearly 20,000 IBIT shares and about 7,000 GBTC shares, while BNP Paribas only holds about 1,000 IBIT shares. In addition, Quattro Advisors and Legacy Wealth Management in Pittsburgh also showed large-scale holdings, with Quattro Advisors holding more than 468,000 IBIT shares and Legacy Wealth holding more than 350,000 FBTC shares.

One of the largest IBIT holders is Yong Rong, which disclosed in its 13F document that it holds more than 1 million IBIT shares, making it one of the largest assets in its portfolio. Bloomberg ETF analyst Eric Balchunas pointed out that Yong Rong is not the only Hong Kong asset management company that has invested in Bitcoin ETFs. Ovata holds shares in multiple Bitcoin ETFs, including FBTC, GBTC, BITB, and IBIT.

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