Hedge Fund Giant Capula Holds About $420 Million Worth of Bitcoin Spot ETF

PANews reported on August 6 that according to The Block, a document submitted by hedge fund giant Capula Investment Management to the U.S. Securities and Exchange Commission (SEC) on Monday showed that as of June 30, the company held $464 million in BlackRock and Fidelity Bitcoin spot ETF shares. As Bitcoin has fallen in recent days, the prices of BlackRock and Fidelity Bitcoin ETFs have also fallen. As of 1:11 p.m. EST on Monday, the total position value held by Capula fell to approximately $420 million. Capula is headquartered in London and is one of the largest hedge fund management companies in Europe.