Tradfi investors accumulated 38.7 billion dollars in Bitcoin ETF, three times more than the previous quarter – TrainingView News #CriptoNews

The price of Bitcoin can be volatile, but that did not prevent giant financial institutions from continuing to invest more.

Large institutions, such as pension funds or coverage funds, tripled their holding funds in the stock market (ETF) of Bitcoin in cash in the fourth quarter of 2024, as shown in the data of the 13F documents presented before the stock exchange and values ​​commission (SEC).

Institutional investors bought 38.7 billion dollars in Bitcoin ETF in cash, according to Bitwise investments, Matt Houganesta figure is more than triple the anterior quarter, in which only holdings were declared worth 12.4 billion dollars.

The SEC requires that investors with assets exceeding 100 million dollars inform each quarter.

Several coverage funds and pension funds, among others, have begun to buy the funds since January 2024, when Bitcoin ETFs were launched for the first time. Since then, some of them have increased their owners .

Similarly, the billionaire investor in coverage funds Paul Tudor almost doubled his participation in Ibit up to 8,048,552 shares, compared to the previous 4,428,230. Meanwhile, Corvex Management, an asset management firm founded by investor Keith Meister in December 2010, revealed that he owned more than one million shares in Ibit at the end of the fourth quarter.

According to Bloomberg ETF senior from ETF Intelligence Balchunasactually, Ibit has 1,100 institutional shareholders that have reported their participation through the presentation of 13F forms. He said that the majority of freshly launched ETFs usually have less than 10 shareholders.

“There is no way to track, but I suppose the record for the first year before this was [probablemente] 350 [titulares institucionales de nuevos ETF]”Balchunas wrote.