This US-Based Company Became the Biggest Bitcoin ETF Buyer of Blackrock and Ark Invest!

until approved by the SEC in January. spot Bitcoin ETFWhile interest in ETFs is increasing day by day, many investors invested in ETFs.

At this point, while many corporate companies have recently announced their spot Bitcoin ETF exposure, a US-based hedge fund Bracebridge Capital also disclosed ETF exposure.

Bracebridge Capital, which manages $12 billion in assets Ark Invest and BlackRock turned out to be the biggest buyers of spot Bitcoin ETFs.

In its notification within the scope of Bracebridge Capital 13F application, Ark Invest ARKB ETF worth $ 262 million; He reported owning the $81 million BlackRock IBIT ETF and the $20 million Grayscale GBT ETF.

Sharing on the subject, Bloomberg ETF analyst Eric Balchunas stated that Bracebridge Capital is now the largest owner of both Ark Invest and BlackRock’s spot Bitcoin ETFs.Boston-based Bracebridge Capital reported owning ARKB for $262 million. It is also the largest holder of IBIT, with $81 million in the ETF. They also own $20 million worth of GBTC. They basically went crazy,” said.

Moreover, while Bitcoin ETFs constitute the majority of the company’s assets, this shows its confidence in Bitcoin.

*This is not investment advice.