Bloomberg ETF Analyst: Over 1,000 institutional holders have owned Bitcoin spot ETFs within two quarters of their listing

2024-09-09 20:29:34

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ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas posted on social media, "The Bitcoin spot ETF has over 1,000 institutional holders in just two 13F reporting periods. This is unprecedented.

There are 661 institutional holders for IBIT alone, with 20% of the shares held by institutions and large advisors, and this percentage is expected to reach 40% in the next 12 months. This is truly remarkable."

It is reported that 13F is a document that the U.S. Securities and Exchange Commission (SEC) requires certain institutional investors to submit periodically, officially named "Form 13F." According to the regulations, investment management companies with assets under management exceeding $100 million (including hedge funds, pension funds, and other large investment institutions) must submit this report to the SEC quarterly.

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