The institution significantly increased its holdings in Bitcoin spot ETFs in Q4 2024, with the position rising over 200% compared to Q3

2025-02-20 09:36:39
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ChainCatcher news reports that according to the 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), large institutions such as pension funds or hedge funds doubled their holdings in spot Bitcoin ETFs in the fourth quarter of 2024.

As of Q4 2024, institutional investors held $38.7 billion worth of spot Bitcoin ETFs. This figure is more than three times that of Q3, where the reported holdings were only $12.4 billion. Among them, the Wisconsin Investment Board increased its holdings in the BlackRock iShares Bitcoin Trust (IBIT) to just over 6 million shares. Billionaire hedge fund investor Paul Tudor also raised his stake in IBIT from 4,428,230 shares to 8,048,552 shares, nearly doubling his investment.

Bloomberg senior ETF analyst Eric Balchunas stated that IBIT currently has 1,100 institutional holders reporting their holdings through 13F filings. In contrast, most newly launched ETFs typically have fewer than 10 institutional holders.

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