ChainCatcher news, the Chief Information Officer of Bitwise, the issuer of the spot Bitcoin ETF, Matt Hougan, stated that the Bitcoin allocation of institutional investors in the recently disclosed first-quarter 13F filings is just a "down payment." Most professional investors need 6 to 12 months to evaluate cryptocurrencies, following a pattern of due diligence, individual allocation, isolated client allocation, and full platform allocation stages.

ChainCatcher news, according to the 13F filing, the State of Wisconsin Investment Board holds $99 million worth of iShares Bitcoin ETF.

ChainCatcher news, according to CryptoSlate, US Bancorp has disclosed that its total investment in spot Bitcoin ETFs exceeds $15 million. It purchased approximately 87,744 shares of Fidelity's FBTC, valued at $5.4 million, 46,011 shares of Grayscale's GBTC, valued at $2.9 million, and 178,567 shares of BlackRock's IBIT, valued at $7.2 million. According to the company's latest 13F filing, its total investment amounts to $71.8 billion. US Bancorp is one of the largest bank holding companies in the United States, with assets under management (AUM) exceeding $663 billion by the end of 2023.Additionally, Edmond De Rothschild Holding SA has disclosed that its total investment in spot Bitcoin ETFs exceeds $4.2 million. It purchased 103,600 shares of BlackRock's IBIT, valued at just under $4.2 million. It also reported holding 1,300 shares of GBTC, valued at $82,121. According to the company's latest 13F filing, its total investment amounts to $6 billion.