Over 600 companies disclosed their investments in Bitcoin ETFs in US SEC regulatory filings in the past week

Odaily News In the past week, more than 600 companies disclosed investments in spot Bitcoin ETFs in the latest 13F filings with the U.S. Securities and Exchange Commission (SEC). According to filing data on May 9, 563 professional investment companies reported having $3.5 billion worth of Bitcoin ETFs, including Morgan Stanley, JPMorgan Chase, Wells Fargo, UBS, BNP Paribas, Royal Bank of Canada, and hedge funds such as Millennium Management and Schonfeld Strategy Advisors. Among them, Millennium Management is the largest BTC ETF investor with an investment of $1.9 billion. The chief investment officer of cryptocurrency asset management company Bitwise previously stated that by May 15, nearly 700 professional companies will invest in spot Bitcoin ETFs, with a total investment of $5 billion. (Cointelgraph)