Bloomberg: 701 new funds now report holdings of Bitcoin spot ETFs
According to Bloomberg's analysis of second-quarter filings with the U.S. Securities and Exchange Commission, 701 new funds now report holdings of Bitcoin spot ETFs, bringing the total number of holders to nearly 1,950.
Hedge funds, pensions and banks continue to invest heavily in Bitcoin spot ETFs as more traditional investors begin to embrace the asset class, with Capula Investment Management, Schonfeld Strategy Advisors and Steven Cohen's Point72 Asset Management reporting ETF holdings, while other buyers include the Wisconsin Investment Board and companies and market makers from Hong Kong to the Cayman Islands, Canada and Switzerland.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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