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MacroScope: More wealth managers are expected to hold Bitcoin ETFs by mid-May

MacroScope: More wealth managers are expected to hold Bitcoin ETFs by mid-May

Bitget2024/04/26 10:32
BTC-0.40%

Golden Finance reported that MacroScope posted on the social platform that in response to the 13F filing update of Bitcoin ETF, MacroScope summarized the following points: 1. As the deadline approaches in mid-May, we will see a larger holding size; 2. So far, the documents show that wealth managers prefer these ETFs; 3. Many wealth managers who report holding Bitcoin ETFs are located in the Midwest/Central region of the United States, which is generally more conservative in thought. Their holding of Bitcoin ETFs may indicate long-term concerns about inflation and the US debt situation. Yesterday, Fielder Capital's report confirmed these views. Fielder Capital, a financial advisory company in Tennessee, reported holding 377,524 shares of Bitwise Bitcoin ETF worth $14.6 million, which is the third largest holding in the entire portfolio. Fielder also reported holding 130,756 shares of GrayscaleBTC worth $8.2 million. The total value of all its reported portfolio holdings is $223.7 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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