Izzy Englander's Millennium, Paul Singer’s Elliott Among Bitcoin ETF Holders
Several major institutional investors have disclosed allocations into spot bitcoin exchange-traded funds (ETFs). The State of Wisconsin revealed a $161 million allocation. Hedge fund Millennium Management, which has over $64 billion in assets under management, held approximately $2 billion across various spot bitcoin ETFs. The fund's largest allocation was in BlackRock’s iShares Bitcoin Trust (IBIT) at around $844 million. It also held over $800 million in the Fidelity Wise Origin Bitcoin Fund (FBTC) and $202 million in Grayscale’s Bitcoin Trust (GBTC). Elliott Capital disclosed a nearly $12 million stake in BlackRock's IBIT, while Apollo Management Holdings revealed a $53.2 million stake in ARK/21's ARKB. Aristeia Capital and Hudson Bay Capital also allocated assets into the spot bitcoin funds.
