The 13Fs are out: Institutional investment managers have filed their quarterly reports to the Securities and Exchange Commission that disclose first-quarter equity holdings. For the 10 spot Bitcoin exchange-traded funds that began trading in January, it’s the first official look at who's added significant exposure to the original cryptocurrency.
Some 944 firms at least $100 million in size reported buying into the ETFs, analysis of the filings by Bitwise shows. By comparison, that’s 10 times the number investing in gold ETFs. The issuer attracting the most interest was BlackRock’s IBIT, which added 414 institutional investors.
