🪙 86% of the portfolio of the hedge fund Bracebridge Capital is in Bitcoin ETFs
The American fund became the largest holder of ARKB and IBIT shares. Bracebridge Capital has invested a total of $434 million in crypto-ETFs.
What shares are in the portfolio:
- ARK 21Shares Bitcoin ETF (ARKB) — 4,327,380 shares for $307.15 million;
- iShares Bitcoin Trust (IBIT) — 2,486,750 shares for $100.6 million;
- Grayscale Bitcoin Trust ETF (GBTC) — 419,910 shares for $26.5 million. $BTC
