According to BlockBeats, on September 9, Eric Balchunas, senior ETF analyst at Bloomberg, posted on social media that “the Bitcoin spot ETF has more than 1,000 institutional holders in just two 13F reporting periods. This is unprecedented.
IBIT alone has 661 institutional holders, with 20% of the shares held by institutions and large advisors, and estimates suggest that could reach 40% in the next 12 months. This is very bizarre.”
BlockBeats Note: 13F is a document that the U.S. Securities and Exchange Commission (SEC) requires certain institutional investors to submit regularly, and its official name is “Form 13F”. According to regulations, investment management companies with assets under management exceeding US$100 million (including hedge funds, pension funds and other large investment institutions) must submit this report to the U.S. SEC every quarter.
