It has acquired shares from BlackRock's IBIT, Fidelity's FBTC, Grayscale's GBTC, and other products.
Firms were supposed to submit 13F forms ahead of the May 15 deadline. These forms allowed industry observers to see the current rate of Bitcoin ETF adoption.According to Balchunas, it is"impressive" that many different institution types are represented among the initial batch of ETF holders. , the State of Wisconsin Investment Board , which manages state pensions, recently revealed that it had scooped up nearly $100 million worth of Bitcoin.
Overall, the list of advisors consists mainly of hedge funds, but there are also some hedge funds. However, there are no university endowments yet, according to Balchunas. While Bitcoin ETFs are enjoying surging popularity, Vanguard will seemingly remain on the sidelines. the However, it is now clear whether Vanguard will allow Bitcoin ETFs to appear on its brokerage platform.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin drops below $60K as analyst says zero spot Bitcoin ETF inflows ‘very normal’Market participants eyeball the significance of zero spot ETF flows as Bitcoin price sinks under $60,000.
Source: Cointelegraph - 🏆 562. / 51 Read more »