Hedge fund Millennium reduced its holdings of spot Bitcoin ETFs in Q2, with FBTC holdings down 14% and IBIT holdings down 48%.

PANews reported on August 15 that according to Trader T, hedge fund giant Millennium Management reduced its holdings in spot Bitcoin ETFs in the second quarter (calculated by reported value). Among them, FBTC holdings decreased by 14%, and the current holdings are worth about US$589 million; IBIT holdings decreased by 48%, and the current holdings are worth about US$371 million; GBTC holdings decreased by 52%, and the current holdings are worth about US$82 million. However, the company increased its holdings in the following products: BITB holdings increased by 71%, and the current holdings are worth about US$65 million; MSTR (MicroStrategy stock) holdings increased by 8837%, and the current holdings are worth about US$121 million.