❗️ Bloomberg Analyst: Over 400 Owners of BlackRock's Spot Bitcoin ETF—Impressive
👤 Bloomberg ETF analyst Eric Balchunas stated that BlackRock's spot Bitcoin ETF (IBIT) has attracted an unexpectedly large number of investors.
💬 "BlackRock's ETF ended with 414 registered owners in the first 13F season, which is mind-blowing and a record," said Balchunas. By comparison, only 95 companies invested in a gold ETF during the same period.
ℹ️ Form 13F is a quarterly report filed with the SEC by institutional investors managing over $100 million in assets.
🏢 Millennium Management became the largest owner of BlackRock's IBIT, holding $844 million. They are followed by Schonfeld Strategic Advisors and Aristeia Capital with $248 million and $163 million, respectively.
