DRW Venture Capital holds over $195 million worth of spot BTC and ETH ETFs, of which over $150 million is Grayscale ETHE products
According to the latest 13F form filed with the U.S. Securities and Exchange Commission, DRW Venture Capital, the venture capital arm of Chicago-based high-frequency trading firm DRW Holdings, disclosed that it currently holds at least $195 million worth of spot BTC and ETH ETFs, which may be the company's first foray into crypto spot ETFs. Among them, more than $150 million of products are Grayscale Ethereum Trust (ETHE). In addition, ETHE is its third largest holding, second only to funds tracking the SP 500 index and gold trusts. The company's investment in BTC ETFs is relatively scattered, and it holds Bitcoin ETFs issued by Ark and 21Shares, Bitwise, BlackRock, Fidelity and Proshares.
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