Wednesday marked the deadline for institutional investors to file their quarterly 13F report with the U.S. Securities and Exchange Commission, revealing positions held as of March 31, 2024.Hedge fund Millennium Management, with more than $64 billion in assets under management, held roughly $2 billion across a number of the spot bitcoin ETFs,
The hedge fund, which is led by billionaire Izzy Englander, held its biggest allocation in BlackRock’s iShares Bitcoin Trust , roughly $844 million. It also owned more than $800 million of the Fidelity Wise Origin Bitcoin Fund and $202 million of Grayscale’s Bitcoin Trust , as well as stakes in ARK/21's ARKB and Bitwise's BITW.Other notable names who revealed allocating assets into the spot bitcoin funds on Wednesday are Aristeia Capital and Hudson Bay Capital.
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