Data: Hedge fund Millennium holds $2 billion in spot Bitcoin ETF

ChainCatcher news shows that in recent regulatory filings, several hedge funds and other asset management companies, including Millennium Management LLC, acquired U.S.-listed exchange-traded funds (ETFs) linked to Bitcoin prices in the first quarter. New York-based Millennium revealed that as of March 31, they invested $2 billion in several new ETFs, including BlackRock's iShares Bitcoin Trust (IBIT.O), Grayscale Bitcoin Trust, and funds launched by issuers such as Bitwise Investments and ARK Investment Management.