Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Insights from Q1 2024 13F filings for Bitcoin ETFs

Share This Post

Quick Take

The 13F filings for Bitcoin exchange-traded funds (ETFs) in the first quarter of 2024 have unveiled a significant surge in demand and investor interest.

According to Eric Balchunas, a senior ETF analyst at Bloomberg, BlackRock’s (IBIT) had an astounding 414 reported holders in its inaugural 13F season. Balchunas noted that

“Even having 20 holders as a newborn is bfd, highly rare.”

Fidelity’s FBTC, Bitwise’s BITB, and Ark’s ARKB have also garnered substantial investment, contributing to their notable success.

Number of Holders: (Source: Eric Balchunas, Bloomberg Intelligence)
Number of Holders: (Source: Eric Balchunas, Bloomberg Intelligence)

Across nearly 1,500 entries, 929 institutions own at least one Bitcoin ETF, and the top owner was Millenium Management, with $1.9 billion in long positions across the ETFs, according to a pseudonymous Bitcoin analyst, Trader T.

The filings showed that 44% of reported institutions own IBIT, making it the most popular choice among international investors. Additionally, 65% own the Grayscale Bitcoin Trust (GBTC), and 99% of the institutions are based in the US, with Hong Kong-based firms coming in second.

The post Insights from Q1 2024 13F filings for Bitcoin ETFs appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Dogecoin Bollinger Squeeze Signals ‘Huge Move’ Ahead, Analyst Warns

In a fresh 12-hour chart shared on X, independent technician Cantonese Cat (@cantonmeow) underscores what he calls a “Bollinger Band squeeze” on Dogecoin, hinting that volatility could be about

Bitcoin Price Watch: Bulls Target $108K Breakout to Unlock Higher Highs

Bitcoin is trading at $106,724, reflecting a resilient uptrend amid considerable intraday volatility With a market capitalization of $2117 trillion and a 24-hour trading volume of $3743 billion,

Bitcoin Nears All-Time Highs, But Retail Interest Still Remains Low

The post Bitcoin Nears All-Time Highs, But Retail Interest Still Remains Low appeared first on Coinpedia Fintech News Bitcoin is racing fast toward its all-time high of $109,111, with prices surging

OpenAI to drop confusing model naming with release of GPT-5

OpenAI will begin phasing out its current system of naming foundation models, replacing the existing “GPT” numerical branding with a unified identity under the forthcoming GPT-5 release The

Best Altcoins to Buy Now Before Ethereum Skyrockets to $10K in 2025 

The post Best Altcoins to Buy Now Before Ethereum Skyrockets to $10K in 2025  appeared first on Coinpedia Fintech News The next crypto bull run is building momentum, and Ethereum (ETH) is at the

Aave Price Prediction 2025, 2026 – 2030: Will AAVE Price Hit $500 In 2025?

The post Aave Price Prediction 2025, 2026 – 2030: Will AAVE Price Hit $500 In 2025 appeared first on Coinpedia Fintech News Story Highlights The live price of the AAVE token is AAVE price