Big Investment Whales Revealed Allocations in Spot Bitcoin ETFs
Several major hedge funds have disclosed their investments in spot bitcoin exchange-traded funds, following the deadline for institutional investors to file their quarterly 13F report with the U.S. Securities and Exchange Commission. Millennium Management, with over $64 billion in assets under management, held roughly $2 billion across several spot bitcoin ETFs, with its largest allocation in BlackRock's iShares Bitcoin Trust. Other hedge funds, including Elliott Capital and Apollo Management Holdings, also revealed their stakes in various spot bitcoin funds. Additionally, Aristeia Capital and Hudson Bay Capital were among the notable names that disclosed their allocations.
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