Hedge fund Point72 disclosed its holdings of $77.5 million in Fidelity Bitcoin Spot ETF shares

ChainCatcher message: According to the recent 13F filing submitted to the U.S. SEC, as of the end of the first quarter of this year, billionaire and New York Mets owner Steven Cohen's $34 billion hedge fund Point72 holds $77.5 million in Fidelity's Bitcoin Spot ETF (FBTC).

According to a report by Bitcoin brokerage River, among the top 25 hedge funds in the U.S., 13 purchased Bitcoin Spot ETFs in the first quarter, with major buyers including Elliott Capital, Millennium Management, Fortress Investment Group, and Schonfeld Strategic Advisors.