Residence » Markets » Hedge fund big Millennium discloses $2.6B Bitcoin ETF and $182M Ethereum ETF holdings
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Feb. 15, 2025
Institutional funding in digital sources is rising as hedge funds and advisory companies develop their crypto exposure.
Key Takeaways
- Millennium Management disclosed $2.6 billion in Bitcoin ETFs and $182.1 million in Ethereum ETFs holdings.
- Institutional crypto funding is on the upward thrust, with entities love Abu Dhabi’s sovereign fund and Goldman Sachs increasing their Bitcoin ETF holdings.
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Millennium Management disclosed holdings of $2.6 billion in Bitcoin ETFs and $182.1 million in Ethereum ETFs in its most modern 13F submitting with the SEC.
The hedge fund’s Bitcoin ETF portfolio is unfold all the map in which through a pair of funds, with BlackRock’s IBIT representing its finest space at over $844 million, followed by Constancy’s fund at merely over $806 million.
Loads of holdings encompass the ARK 21Shares Bitcoin ETF, the Bitwise Bitcoin ETF, and the Grayscale Bitcoin Belief.
The submitting finds a broader pattern of institutional crypto investments, with Abu Dhabi’s sovereign wealth fund procuring $436.9 million of BlackRock’s space Bitcoin ETF in the quarter. Goldman Sachs also elevated its Bitcoin ETF holdings to $1.5 billion.
In Could well 2024, Millennium Management’s funding in Bitcoin ETFs reached practically $2 billion all the map in which through 5 predominant funds, representing easiest 3% of their total sources.
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