Bitcoin has a big consensus positive: the disclosure of the second quarter 13F in the United States has started in the past few days. According to the news, the BTC ETF holders in the first quarter are all hedge funds. This time, it was first revealed that Goldman Sachs holds $418 million in BTC ETFs, and various venture capital and pension institutions are joining the ETF investment ranks.
13F is that asset management institutions in the United States with a management scale of 100 million US dollars must disclose their holdings on a quarterly basis. The data I saw before includes more than 7,000 institutions;
Another little-known fact is that many asset management institutions, pension funds, etc. in the United States often need 60 trading days before they include new investment products in the investment list. According to this time, Bitcoin ETF just entered their configuration list at the end of June.
So the configuration of mainstream institutions has just begun. I believe there will be similar news in the next few days.