Exclusive: Hedge fund Bracebridge Capital significantly reduced its position in spot Bitcoin ETFs in Q2, selling all of its IBIT and GBTC holdings

2024-08-16 13:26:54

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ChainCatcher news reports that hedge fund Bracebridge Capital significantly reduced its position in spot Bitcoin ETFs in the second quarter, according to the 13-F filing submitted to the SEC. It held only $112 million in Ark 21Shares in the second quarter.

It is reported that Bracebridge Capital held $300 million in Ark 21Shares' ARKB and $100 million in BlackRock's IBIT, as well as $26.52 million in Grayscale's GBTC in the first quarter.

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