$2 BILLION IN SPOT BITCOIN ETFS: MILLENNIUM MANAGEMENT REVEALS INVESTMENT IN SEC FILING
The investment management company reported owning over $800 million of BlackRock's Bitcoin ETF alone.
In a new disclosure, investment management company Millennium Management has revealed holdings of almost $2 billion in spot Bitcoin ETFs. This revealing was made through a SEC 13F-HR institutional investment manager holdings report filed today, and underscores the increasing interest and investment in Bitcoin ETFs by major institutional players.
The firm reported owning for a combined total of $1,942,591,163:
- $844,181,820 of BlackRock's iShares Bitcoin Trust
- $45,001,320 of ARK 21Shares Bitcoin ETF
- $44,737,805 of Bitwise Bitcoin ETF
- $202,029,915 of Grayscale Bitcoin Trust
- $806,640,303 of Fidelity Wise Origin Bitcoin Fund
Millennium Management's substantial investment comes just a day after the State of Wisconsin Investment Board (SWIB) disclosed its holdings of almost $100 million in BlackRock's spot Bitcoin ETF (IBIT) and $62 million in Grayscale's GBTC. This wave of institutional interest highlights a growing trend among major financial entities to include Bitcoin ETFs in their portfolios.
