Millennium Management’s $2 Billion Stakes in Bitcoin ETF Spotlight

CoinMarketCap05-16

Key Points Millennium Management holds nearly $2 billion in Bitcoin ETFs across five different funds. The investment represents just 3% of the hedge fund’s total assets under management. Millennium ...

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The investment represents just 3% of the hedge fund’s total assets under management. Mill","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FDN":"First Trust Dow Jones Internet I","BITB":"Bitwise Bitcoin ETF","BTCW":"WisdomTree Bitcoin Fund","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","BTCO":"Invesco Galaxy Bitcoin ETF","ARKB":"ARK 21Shares Bitcoin ETF","EZBC":"Franklin Bitcoin ETF","BITO":"ProShares Bitcoin Strategy ETF ","BRRR":"Valkyrie Bitcoin Fund","IBIT":"iShares Bitcoin Trust","DEFI":"Hashdex Bitcoin ETF","HODL":"VanEck Bitcoin Trust ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","BK4588":"碎股","BK4550":"红杉资本持仓","GBTC":"Grayscale Bitcoin Trust"},"translate_title":"千禧管理在比特币ETF Spotlight的20亿美元股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBIT":1,"HODL":1,"GBTC":1,"FDN":1,"FBTC":1,"EZBC":1,"DEFI":1,"BTCW":1,"BTCO":1,"ARKB":1,"BRRR":1,"BITO":1,"BITB":1},"content_text":"Key Points\n\nMillennium Management holds nearly $2 billion in Bitcoin ETFs across five different funds.\nThe investment represents just 3% of the hedge fund’s total assets under management.\n\nMillennium Management, a hedge fund, has invested almost $2 billion in Bitcoin ETFs during the first financial quarter.\nOn March 31, the fund held $1.94 billion in Bitcoin ETF shares, distributed across five different funds. These include ARK 21Shares Bitcoin ETF (ARKB), Bitwise Bitcoin ETF (BITB), Grayscale Bitcoin Trust (GBTC), iShares Bitcoin Trust (IBIT), and Fidelity Wise Origin Bitcoin ETF (FBTC).\nInvestment Details\nDespite the hefty investment, the market value of these shares only constitutes 3% of the hedge fund’s total assets under management, which is $64 billion. This information was disclosed in its quarterly 13F filing with U.S. securities regulators.\nThe fund, under the leadership of Wall Street veteran Israel Englander, had its largest Bitcoin ETF allocation in BlackRock’s iShares Bitcoin Trust (IBIT), with an investment of approximately $844 million.\nOther Investments\nMillennium Management also invested more than $800 million in the Fidelity Wise Origin Bitcoin Fund (FBTC), about $202 million in shares of Grayscale’s Bitcoin Trust (GBTC), and around $45 million in both ARK 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF Trust (BITB).\nMillennium Management is among multiple investment firms that have shown interest in Bitcoin ETFs, as institutional investors are increasingly attracted to these crypto-based funds. Apollo Management and Elliott Capital are also notable investors in these funds.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2435369497"}