Millennium Management discloses $2B in Bitcoin ETF holdings

International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products.

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International hedge fund Millennium Management has revealed it held nearly $2 billion worth of spot Bitcoin (BTC) exchange-traded-funds (ETFs) as of the first quarter of this year. 

Millennium held a total of $1.94 billion across five main spot Bitcoin ETFs as of March 31, according to its 13F filing with the United States Securities and Exchange Commission.

The hedge fund diversified its holdings of spot Bitcoin ETF products across ARK 21Shares Bitcoin ETF (ARKB), Bitwise Bitcoin ETF (BITB), Grayscale Bitcoin Trust (GBTC), iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin ETF (FBTC).

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