Brevan Howard and Graham Capital Significantly Reduced IBIT Holdings in Q2

Odaily News: According to the 13F filings disclosed by the U.S. SEC, Brevan Howard Capital Management held approximately 7.21 million shares of BlackRock's spot Bitcoin ETF (IBIT) at the end of Q2, down about 70.3% from approximately 24.3 million shares at the end of Q1, with the position valued at approximately $240 million at the end of the period.

During the same period, Graham Capital Management held approximately 259,000 shares of IBIT at the end of Q2, down about 72.0% from approximately 926,000 shares at the end of Q1, with the position valued at approximately $8.62 million at the end of the period.