This Wednesday (15th) is the deadline for institutional investors to submit quarterly 13F reports to the U.S. Securities and Exchange Commission (SEC), disclosing their positions as of March 31, 2024. More prominent investors have revealed their allocations to Bitcoin spot ETFs.
Filings with the SEC show that Millennium Management, a hedge fund with more than $64 billion in assets under management, holds nearly $2 billion worth of Bitcoin spot ETFs, with the largest allocation being BlackRock’s iShares Bitcoin Trust (IBIT), approximately $844 million.
The hedge fund, led by billionaire Izzy Englander, also holds more than $800 million in the Fidelity Wise Origin Bitcoin Fund (FBTC) and $202 million in the Grayscale Bitcoin Trust (GBTC). As well as ARKB and Bitwise’s BITW issued by ARK Invest in cooperation with 21Shares.
Another large hedge fund to disclose its holdings in a Bitcoin spot ETF is Elliott Capital, founded by billionaire Paul Singer, which held nearly $12 million in IBIT shares at the end of last quarter. Asset management giant Apollo Management Holdings also disclosed holding about $53.2 million in ARKB shares.
Other notable names with allocations to Bitcoin spot ETFs include Aristeia Capital and Hudson Bay Capital, as well as the previously announced Wisconsin Investment Board (SWIB), JPMorgan Chase, Wells Fargo and BNP Paribas.
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Related reports: "U.S. pension funds enter the market!" Wisconsin Investment Commission Holds $163 Million in Bitcoin Spot ETFs" "Financial giants such as JPMorgan Chase and Wells Fargo disclose their Bitcoin ETF holdings! But don’t be happy too early》
This article Hedge Fund Millennium Management, Elliott and many other institutions disclosed their holdings of Bitcoin spot ETFs first appeared on Zombit.
