Brevan Howard and Graham Capital Significantly Reduced IBIT Holdings in Q2

Odaily Planet Daily 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, a decrease of about 70.3% from approximately 24.3 million shares at the end of Q1, with the value of its holdings at the end of the period amounting to approximately $240 million.

During the same period, Graham Capital Management held approximately 259,000 shares of IBIT at the end of Q2, a decrease of about 72.0% from approximately 926,000 shares at the end of Q1, with the value of its holdings at the end of the period amounting to approximately $8.62 million.