The US SEC requires 13F filings for entities managing over $100 million to disclose Bitcoin exchange-traded fund (ETF) interests.
These filings show institutional interest in Bitcoin ETFs based on quarterly holdings. BNP Paribas and BNY Mellon have small Bitcoin ETF stakes.
BNY Mellon has around 20,000 IBIT shares and 7,000 Grayscale’s GBTC shares, while BNP Paribas owns 1,000. These tiny stakes indicate institutional interest in bitcoin funds.
Smaller corporations are more involved, indicating a greater conviction in Bitcoin ETFs. Quattro Advisors holds 468,200 BlackRock shares and Legacy Wealth Management has 350,000 Fidelity ETF shares.
Yong Rong has nearly a million BlackRock fund shares, making it a major holding. Hong Kong-based Ovata invests in Fidelity, Grayscale, Bitwise, and IBIT Bitcoin ETFs. This indicates worldwide interest in these investment instruments.
The filings suggest uneven but growing institutional interest in Bitcoin ETFs. Some big companies have entered cautiously, while smaller enterprises and foreign players have committed more.
More registrations will reveal institutional attitude regarding Bitcoin ETFs, which may affect market adoption.