Galaxy Research Head: Some Long-Term Funds Increased Bitcoin ETF Holdings in Q3, SIGFIG Clients Added $73 Million

Odaily星球日报讯 Galaxy Research Head Alex Thorn posted that 13F holdings filings for Bitcoin ETFs are still in the early stages, with most large asset managers and Registered Investment Advisors (RIAs) typically submitting filings only before the November 16 deadline.

However, some long-term funds have already increased their Bitcoin ETF holdings in the third quarter. Wealth management advisory firm SIGFIG Wealth Management submitted its first relevant filing, with its clients adding approximately $73 million worth of Bitcoin ETFs in the third quarter. A substantial portion of the firm's managed assets comes from retail client accounts at banks such as Wells Fargo, Citizens, Santander, and UBS.