ETF

Investment management giant Millennium Management has officially disclosed holdings of nearly $2 billion in spot Bitcoin ETFs, highlighting the growing interest and investment in Bitcoin ETFs by major institutional players. Holdings Breakdown According to the 12F-HR institutional investment manager holdings report filed by Millennium Management with the SEC, the firm owns a combined total of $1,942,591,163 in spot Bitcoin ETFs. This investment constitutes approximately 3% of its $64 billion fund as of the first quarter of this year. Specifically, Millennium…

Bybit is introducing a new community incentive campaign focused on Ethereum. The Bybit Ethereum campaign features rewards including USDT and Tesla Cybertruck. Bybit, one of the leading cryptocurrency exchanges globally, has rolled out a campaign titled “Ethereum Euphoria: The ETF Expedition.” The launch is coming as the crypto community eagerly awaits the U.S. Securities and Exchange Commission’s (SEC) decision on Ethereum Spot ETF applications. Engaging Activities and Lucrative Rewards for Participants The campaign aims to engage users while offering them…

The State of Wisconsin Investment Board (SWIB) has made a significant move in the cryptocurrency market by purchasing $99 million worth of BlackRock’s Bitcoin ETFs, iShares Bitcoin Trust (IBIT). This acquisition, disclosed in a recent filing with the U.S. Securities and Exchange Commission (SEC), highlights the growing trend of institutional investment in Bitcoin exchange-traded funds (ETFs). Wisconsin’s Strategic Move The financial markets have been buzzing since spot Bitcoin ETFs were approved in January. These investment vehicles have quickly gained traction…

US Bancorp, which manages over $600 billion in assets, has invested $15 million in Bitcoin ETFs, half of which went to BlackRock’s IBIT, according to its latest SEC filings. The Rothschilds have also jumped aboard the bandwagon, revealing that they purchased $4.2 million in IBIT shares through their Swiss-owned bank. The institutions are clamouring for Bitcoin, with the latest to reveal their BTC spot ETF holdings being US Bancorp, JPMorgan and the Edmond de Rothschild (Suisse) S.A. bank. Spot ETFs…

The post Eric Balchunas Share ETF holdings on X; Bracebridge Capital Holds High appeared first on Coinpedia Fintech News Bloomberg analyst Eric Baluchinas recently shared on X the new high watermark arrived for Bitcoin ETF holdings. The Boston-based Bracebridge capital reported an owning of $262 million of the Ark 21 shares Bitcoin ETF. It was also revealed to be the biggest owner of the ishares Bitcoin trust, with $81 million. It also owns $20 million of Grayscale Bitcoin ETFs.

Another week, another postponement from the SEC, as the regulatory body keeps pushing back its deadline on various Ethereum ETF applications. However, this indecision from the watchdog has not deterred institutional investors who are now investing heavily in ETF projects. Let’s find out more. Bitcoin Former president and Republican presidential candidate for the upcoming U.S. presidential elections, Donald Trump, has made several pro-crypto comments at a recent event, firmly establishing himself against Biden’s more strict crypto policies.  Quantitative trading firm…

Wells Fargo’s disclosure of a sizable investment in Bitcoin ETFs suggests that institutional interest in cryptocurrencies is strong. The price of Bitcoin has recently dropped, according to data, even as institutional investments in the space increase. The third-biggest bank in the US, Wells Fargo, has just revealed how heavily it is involved in the cryptocurrency market, namely through Bitcoin Exchange-Traded Funds (ETFs), which was echoed by popular crypto trader Ash Crypto. A current filing with the U.S. Securities and Exchange…

The post Third-Largest US Bank Reveals Spot Bitcoin ETF Exposure, Igniting Market Optimism appeared first on Coinpedia Fintech News Wells Fargo, the third-largest U.S. bank, has disclosed its spot Bitcoin ETF exposure, fueling optimism in the market. In fact, the wealth manager joins a growing list of firms welcoming Bitcoin ETFs, according to a new filing with the SEC. This step follows the spot ETF approval on January 11, with Wells Fargo holding positions in Grayscale’s Bitcoin ETF, ProShares Bitcoin…

JPMorgan Chase & Co., the largest bank in the United States, has revealed its substantial Bitcoin exchange-traded fund (ETF) holdings. The disclosure includes a variety of investments in different Bitcoin ETFs, showcasing the bank’s significant involvement in the cryptocurrency market. JPMorgan Chase Reveals Bitcoin ETF Holdings The report highlights 25,021 shares of Bitcoin Depot Inc., valued at $47,415. JPMorgan also holds 6,475 shares of the Bitwise Bitcoin ETF, worth $250,647, alongside a smaller stake of 55 shares valued at $2,129.…