- Over 20% of Bitcoin ETFs are held by institutional owners, and 913 professional firms hold $11 billion worth of Bitcoin ETFs.
Here are some of the latest news about institutions buying or adopting Bitcoin:
- The State of Wisconsin Investment Board now has $161 million worth of Bitcoin ETF.
- Pine Ridge Advisers now has $205 million worth of Bitcoin, a 23% allocation of their assets under management.
- Susquehanna, a global trading firm managing $438 billion in assets, disclosed a $1.3 billion investment in spot Bitcoin ETFs through a recent SEC filing.
- Millennium Management, an international hedge fund, disclosed holding approximately $1.94 billion in spot Bitcoin ETFs across five major funds as of the end of Q1, per its SEC filing.
- Boothbay Fund Management has $300 million worth of Bitcoin, a 2.5% allocation of their assets under management.
- Arizona State Senate expected to add Bitcoin ETFs to its state retirement portfolios.
- Hightower Advisors disclosed a $68 million investment in spot Bitcoin ETFs in a May 6 filing.
- Japan’s Government Pension Investment Fund, the world’s largest pension fund with $1.5 trillion in assets under management, announced that it is exploring investing in Bitcoin.
- SouthState Bank disclosed investments in two spot Bitcoin ETFs worth $577,198 combined through a 13F filing.
- In a March 18 interview with Bloomberg, Grant Engelbar at Carson Group, which manages $30 billion in assets, investors in spot Bitcoin ETFs are allocating 3.5% of client portfolios on average.
- French banking giant BNP Paribas disclosed an investment in IBIT on May 2. Burkett Financial Services reported investments in April, while Legacy Wealth Asset Management and others also reported investments in the same month.
- 2024 Q1 13F Fillings- Spot Bitcoin ETF recap: 929 Institutions own at least 1 Bitcoin ETF.
This is not investment advice.
