CoinShares Research Director: 13F documents only disclose 25% of Bitcoin ETF holdings, currently at $15 billion
James Butterfill, research director of CoinShares, wrote on X platform that the recent Bitcoin ETF 13F filings submitted to the SEC only captured a limited amount of data. So far, 25% of the disclosed data has represented a holding size of $15 billion.
There are more than 1,900 institutions/companies holding US Bitcoin spot ETFs, with an average Bitcoin allocation of 0.6% in their investment portfolios. Among them, the Bitcoin holdings of hedge funds, private equity, and holding companies account for 2.1%, 1.5%, and 1%, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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