Brevan Howard, Goldman Sachs and Harvard Lead Billions in Bitcoin Etf Buying Spree

Brevan Howard Nearly Doubbled Its Position in Blackrock’s Ishares Bitcoin Trust (Ibit) Durying The Second Quarter, Accorging to A Securities Filing. The Macro-Focused Hedge Fund Held 37.9 Million Shares at the End of June, Up From About 21.5 Million in March.

The Stake Was Wortth More $ 2.6 Billion Billion Billion On Ibit’s Closing Price On June 28, Making Brevan Howard One of the Largest Reported Institlation Holders of Ibit Alongside Goldman Sach Billion in ibit and Fidelity’s Wise Origin Bitcoin Trust (FBTC). The Banking Giant Also Held $ 489 Million Wrth of the ishares Ethereum Trust (ETHA), accounting to a filing.

Goldman’s Ownership of the Etfs Isn’t Necessarily a Direct Wager by Its Trading Desk on Bitcoin’s Price; Rater, It More Likely Represents Positions Held by Goldman Sachs Asset Management on Behalf of ITS Clients.

Brevan Howard, Best Known for Macro Trading, However, Has Long Been Active in The Crypto Space and Operates a Dedicated Digital Asset Division Called Bh Digital. The Unit Manages Billions in Assets and Invests in Blockchain Infrastructure, Decentralized Finance and Related Technologies.

Harvard, Wells Fargo and MoreOther Major Ibit Investors Include Harvard University, Who Reported A $ 1.9 Billion Stake in the Etf, and Abu Dhabi’s Mubadala Investment Company, Wich Continues to Hold $ 681.

In Terms of US Banks, Wells Fargo Nearly Quadrupled ITS HOLDINGS OF IBIT TO $ 160 Million, Up from $ 26 Million in The Previos Quarter, While Mainting A $ 200,000 Stake In The Gray.

CANTOR FITZGERALD ALSO BOOSTED ITS HOLDINGS to Over $ 250 Million While Also IncreASING STAKS IN CRYPTO-RELATED SOCKS, INCLUDING STRATYGY (MSTR), Coinbase (Coin) (Coin)

Trading Firm Jane Street Revealeda Holding A $ 1.46 Billion Stake In Ibit, Whole Represents The Largest Single Position in Its Portfolio After Tesla (TSLA) AT $ 1.41 Billion. It Increated It Stake in Mstr While Reducing ITS HOLDINGS OF FBTC.

SPOT BITCOIN ETFS LIKE IBIT, WHICH LAUNCHED IN JANUARY, ALLOW INVESTORS TO GAIN Exposure to Bitcoin’s Price Without Directly Holding the Cryptocurrency. That struxture offers Traditional Institutions An Avenue to Participate in the Crypto Market Through Familiar Brokeragea Accounts and Custodial Arrangements.

Norway Buys MoreFor some overseas entities, gining exposure to bitcoin is easier Through US-Lited Companies That Hold Large Amounchers of Btc on Their Balance Sheets.

That’s The Approach Being Taken by Norway’s Sovereign Wealth Fund, ALONG KKEAL Other European State State-Backed Investors, WHICH Are Opting for Equity Stakes Directly.

Norges Bank Investment Management (Nbim), The Investment Arm of the Norwegian Central Bank and the Entity That Manages The Country’s K33 Research. That figure is up 192% from 2.446 btc a year ago, and up 87% from the 3,821 BTC It Held at the end of 2024.

(Source: Nbim, K33 Research Via X)

The Largest of the ITS Exposure – 3,005 BTC – Comes Through Shares in Strategy. The rest is Spread Across Companies Like Marathon Digital, Coinbase, Block, and Metaplanet. K33 ALSO COUNTED GME (Gamestop) and Several Smaller Holdings As Contribution to the Total.

Still, The Exposure Remains Tiny in Context. Norway’s Fund Owns Stakes in Thousands of Companies Across Global Markets, and the Value of Its Bitcoin-Linked Investments is a Fraction of Its Total Holdings. AT Current Market Price of $ 117.502 per BTC, The Fund’s 7.161 BTC is Werth AROUND $ 841 Million – or Less than 0.05% of the $ 2 Trillion Portfolio.

The Sharp Increase Over the Past Year May Signal Growing Institutional Comfort with the Asset Class, But It Doesn’t Represent A Major Strategic Shift -Yet.