Izzy Englander's Millennium, Paul Singer’s Elliott Among Bitcoin ETF Holders
Powered by @unfoldedMajor hedge funds Millennium Management, Elliott Capital, and Apollo Management Holdings have revealed their allocations into spot bitcoin exchange-traded funds (ETFs) in their quarterly 13F reports.
Millennium Management held roughly $2 billion in spot bitcoin ETFs, with its largest allocation in BlackRock's iShares Bitcoin Trust (IBIT) at $844 million.
Elliott Capital disclosed a stake of nearly $12 million in BlackRock's IBIT.
Apollo Management Holdings held a $53.2 million stake in ARK/21's ARKB.
Other notable names, including Aristeia Capital and Hudson Bay Capital, also revealed allocations into spot bitcoin funds.