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International Business Times

Business

Marvie Basilan

European Hedge Fund Giant Capula Unveils $464M Spot Bitcoin ETFs Treasury

Bitcoin ETF Europe Crypto BlackRock Fidelity United States

One of Europe's largest investment management companies holds hundreds of millions worth of $IBIT and $FBTC. (Credit: Marco Verch/flickr)

KEY POINTS

Capula's disclosure came at a critical time in the crypto market as coins recover from Sunday night's beating
Some crypto users on X welcomed the news, while others were not so happy that another big player is in
US spot Bitcoin ETFs have lodged negative flows for two consecutive days

The popularity of spot Bitcoin exchange-traded funds (ETFs) has reached far and wide as a London-based investment management giant disclosed Monday it holds a staggering amount of BlackRock's IBIT and Fidelity's $FBTC.

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French authorities announced the deployment of around 70,000 law enforcement personnel, including gendarmes (military police), as the country braced for potential violence during another weekend of student-led protests.

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One subscription that gives you access to news from hundreds of sites

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