Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment.
Over the past week, more than 600 firms have revealed significant investments in the spot Bitcoin ETF in their latest 13F filings with the United States Securities and Exchange Commission (SEC).
Cryptocurrency asset management firm Bitwise’s chief investment officer believes that by the end of the May 15 deadline, nearly 700 professional companies will have invested $5 billion in the spot Bitcoin (BTC) ETF. Per the filing data on May 9, 563 professional investment firms reported owning $3.5 billion worth of Bitcoin ETFs.
Among them are Morgan Stanley, JPMorgan, Wells Fargo, UBS, BNP Paribas, Royale Bank of Canada and hedge funds like Millennium Management and Schonfeld Strategic Advisors,