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BlackRock and Ark Invest Revealed as the Company that Bought the Most Bitcoin!
Ark Invest, BlackRock, and Grayscale's spot Bitcoin ETFs have revealed which company has invested the most.
Spot Bitcoin exchange-traded funds (ETFs) were launched in the US on January 10th, and many major companies such as JPMorgan have invested in them. However, the company that made the largest investment in ETFs from Ark Invest, BlackRock, and Grayscale came from an unexpected place.
Yale University and Princeton University's hedge fund, Bracebridge Capital, which manages donations, announced in a 13F filing to the U.S. Securities and Exchange Commission (SEC) on May 10 that it is the largest investor in these funds.
In the application file presented by the hedge fund, it was reported that Ark Invest has 4,327 shares in the ARKB fund, BlackRock has 2,486 shares in the IBIT fund, and Grayscale has 419,910 shares in the GBTC fund.
The value of the shares registered as 307.2 million dollars, 100.6 million dollars, and 26.5 million dollars respectively as of March 31.
Shares are for informational purposes only.
This is not investment advice.
Stay tuned for new updates.