Schonfeld Strategy Advisors holds over $479 million in Bitcoin spot ETFs

Odaily News According to Schonfeld Strategy Advisors' 13F filing in the first quarter, it holds $248 million in BlackRock IBIT and $231.8 million in Fidelity FBTC shares, totaling $479.8 million. Millennium Management has invested more than $1.9 billion in Bitcoin spot ETFs, including $844.2 million in BlackRock IBIT, $806.7 million in Fidelity FBTC, $202 million in Grayscale GBTC, $45 million in ARK 21Shares' ARKB, and $44.7 million in Bitwise BITB shares. According to Fintel data, the two funds hold the most IBIT and FBTC investment shares, with Millenium ranking first in each category and Schonfeld ranking second. Millenium also ranks among the top 10 holders of other Bitcoin spot ETF investments. In addition to the huge size of each company's investment, the disclosure also represents the entry of a major hedge fund manager into the Bitcoin ETF field. As of the end of 2023, Millenium's assets under management (AUM) will be $69 billion, and Schonfeld's assets under management will be $13 billion. (Cryptoslate)