According to Odaily Star Daily, the latest 13F documents disclosed by the United States show that institutional investors adjusted their positions in Bitcoin ETFs in the third quarter of 2024, indicating further penetration of crypto assets on Wall Street. BlackRock's iShares Bitcoin Trust (IBIT) remains the market leader with nearly 700 institutional holders, holding a total of 160.2 million shares and managing assets of 42 billion dollars. Among them, Millennium Management increased its holdings by 12.6 million shares to 23.5 million shares, valued at 848 million dollars; Capula added 1.1 million IBIT shares (308 million dollars) and FBTC (288 million dollars). At the same time, some institutions reduced or exited their positions: Point72 completely sold off IBIT and FBTC, Jane Street significantly reduced its IBIT holdings but still holds ARKB, BITO, and FBTC. Goldman Sachs increased its IBIT holdings by 5.77 million shares, bringing its total holdings to 12.7 million shares (710 million dollars), becoming the second-largest holder, while Morgan Stanley reduced its holdings by nearly 450,000 shares, decreasing its total position to 183 million dollars. The total assets managed by Bitcoin ETFs have now reached 92 billion dollars. Analysts point out that as institutions reassess their stance on crypto assets, there may be more waves of structural allocation in the future. This week, Bitcoin ETF options trading may officially start, further promoting market development.