Bloomberg: 701 new funds report holding Bitcoin spot ETFs

Odaily News According to a Bloomberg analysis of second-quarter SEC filings, 701 new funds reported holdings in bitcoin spot ETFs, bringing the total number of holders to nearly 1,950. Hedge funds, pensions and banks continue to invest heavily in bitcoin spot ETFs as more traditional investors begin to embrace the asset class. Capula Investment Management, Schonfeld Strategy Advisors and Steven Cohen’s Point72 Asset Management have also reported ETF holdings. Other buyers include the Wisconsin Investment Board and corporate market makers from Hong Kong to the Cayman Islands, Canada and Switzerland. (Bloomberg)