Two major hedge funds reveal $2.4 billion exposure to spot Bitcoin ETFs

According to Fintel data, Millennium invested a total of $1.9 billion in spot Bitcoin ETFs, comprised of $844.2 million in BlackRock’s IBIT, $806.7 million in Fidelity’s FBTC, $202 million in Grayscale’s GBTC, $45.0 million in Ark’s ARKB, and $44.7 million in Bitwise’s BITB.

Schonfeld Strategic Advisors disclosed a $248.0 million investment in IBIT and a $231.8 million investment in FBTC, totaling $479 million.