According to Foresight News, according to a recent 13F filing with the U.S. SEC, as of the end of the first quarter of this year, billionaire Steven Cohen's $34 billion hedge fund Point72 held $77.5 million in Fidelity Bitcoin Spot ETF (FBTC) shares.

According to a report by Bitcoin brokerage firm River, 13 of the top 25 hedge funds in the United States purchased Bitcoin spot ETFs in the first quarter, with major buyers including Elliott Capital, Millennium Management, Fortress Investment Group and Schonfeld Strategic Advisors.