Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Bitcoin ETFs: New Gold Rush for Financial Institutions

theguru Views  

Major institutional investors disclose 13F filings, including Park Avenue Securities
Positive outlook amid Bitcoin halving

Global financial companies were confirmed to have made large purchases of Bitcoin spot ETFs in the first quarter of this year. Analysis suggests growing confidence in Bitcoin’s investment value.

According to the 13F (Form 13) submitted to the U.S. Securities and Exchange Commission (SEC) on the 15th, major institutional investors increased their purchases of Bitcoin spot ETFs in the first quarter of this year. The 13F is a report form that institutional investors with a stock asset value of over $100 million submit quarterly.

Among the largest institutional investors, Park Avenue Securities LLC, boasting an AUM (assets under management) of $9.9 billion, made the list. Park Avenue Securities purchased Grayscale’s GBTC.

Inscription Capital LLC, which manages about $1.3 billion in assets, also bought Bitcoin spot ETFs. American National Bank and Wedmont Private Capital also purchased Bitcoin spot ETFs, with scales ranging from thousands to hundreds of thousands of dollars.

Overall, it appears that not only major institutional investors but also family offices, banks, and investment funds are still increasing their purchases of Bitcoin spot ETFs. This buying trend is seen as a reflection of growing confidence in Bitcoin’s investment value.

The upcoming Bitcoin halving, expected to occur between the 18th and 21st, is also projected to have a positive impact. When the halving begins, the Bitcoin block rewards decrease from the existing 6.25 bitcoins to 3.125 bitcoins. Since the supply of Bitcoin decreases, it is typically predicted that a price increase will occur due to the reduced supply.

The fact that Hong Kong’s financial authorities are preparing to approve Bitcoin and Ethereum spot ETFs is also a positive factor. Since the U.S. financial authorities approved the Bitcoin spot ETF last January, 11 ETFs in the U.S. have attracted about $59 billion in funds.

theguru
content@viewusglobal.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • Honda's NSX Returns: A 1,000-Horsepower Electric Rival to Lexus LFR
  • Honda’s S7 Electric SUV: A Major Player in the Race for EV Dominance
  • Lamborghini's First EV: A 2,000-Horsepower Beast Built for Speed and Emotion
  • Ford Revives Classic Design with the 2025 Bronco Heritage Edition
  • ID.EVERY1: Volkswagen's $21K Electric Vehicle Aims to Make Green Driving Accessible
  • Toyota’s bZ3X SUV Surges with 10,000 Pre-Orders: A New Era in EVs

You May Also Like

  • 1
    Blackberries vs. Raspberries: Which Berry Is the Low-Calorie King?

    LIFESTYLE 

  • 2
    Why Some People Gain Weight on Salads—and Others Don’t

    LIFESTYLE 

  • 3
    This Vitamin Could Help You Fight Fatigue, Infections, and More

    LIFESTYLE 

  • 4
    Olive Oil on an Empty Stomach – Hype or Health Miracle?

    LIFESTYLE 

  • 5
    Why Guava Is a Must-Have for Anyone Watching Their Blood Sugar

    LIFESTYLE 

Popular Now

  • 1
    Parkinson's Puzzle: Study Explains How PINK1 Gene Fights Cell Damage

    LIFESTYLE 

  • 2
    Feeling Drained No Matter How Much You Sleep? Here’s Why

    LIFESTYLE 

  • 3
    Hope for Alzheimer’s? Anti-Amyloid Treatments Linked to 50% Lower Risk

    LIFESTYLE 

  • 4
    Can Eating Only Boiled Eggs Really Help You Lose Weight?

    LIFESTYLE 

  • 5
    New Study: Daytime Drowsiness Could Raise Dementia Risk by 100%

    LIFESTYLE 

Must-Reads

  • 1
    Blackberries vs. Raspberries: Which Berry Is the Low-Calorie King?

    LIFESTYLE 

  • 2
    Why Some People Gain Weight on Salads—and Others Don’t

    LIFESTYLE 

  • 3
    This Vitamin Could Help You Fight Fatigue, Infections, and More

    LIFESTYLE 

  • 4
    Olive Oil on an Empty Stomach – Hype or Health Miracle?

    LIFESTYLE 

  • 5
    Why Guava Is a Must-Have for Anyone Watching Their Blood Sugar

    LIFESTYLE 

Popular Now

  • 1
    Parkinson's Puzzle: Study Explains How PINK1 Gene Fights Cell Damage

    LIFESTYLE 

  • 2
    Feeling Drained No Matter How Much You Sleep? Here’s Why

    LIFESTYLE 

  • 3
    Hope for Alzheimer’s? Anti-Amyloid Treatments Linked to 50% Lower Risk

    LIFESTYLE 

  • 4
    Can Eating Only Boiled Eggs Really Help You Lose Weight?

    LIFESTYLE 

  • 5
    New Study: Daytime Drowsiness Could Raise Dementia Risk by 100%

    LIFESTYLE 

Share it on...