Hedge fund giant Capula holds approximately $420 million worth of Bitcoin spot ETFs
Hedge fund giant Capula Investment Management showed in a document submitted to the U.S. Securities and Exchange Commission (SEC) on Monday that as of June 30, the company held $464 million worth of BlackRock and Fidelity Bitcoin spot ETF shares. As Bitcoin fell in recent days, the prices of BlackRock and Fidelity's Bitcoin ETFs also declined. As of 1:11 p.m. Eastern Time on Monday, the total value of positions held by Capula had dropped to about $420 million. Headquartered in London, Capula is one of Europe's largest hedge fund management companies.
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