Millennium Management Discloses $2 Billion Investment in Spot Bitcoin ETFs. The firm reported owning a combined total of $1,942,591,163 in various Bitcoin ETFs: $844,181,820 in BlackRock's iShares Bitcoin Trust $806,640,303 in Fidelity Wise Origin Bitcoin Fund $202,029,915 in Grayscale Bitcoin Trust $45,001,320 in ARK 21Shares Bitcoin ETF $44,737,805 in Bitwise Bitcoin ETF https://btctimes.com/content/images/size/w2000/format/webp/2024/05/Millennium-Management-Discloses--2-Billion-Investment-in-Spot-Bitcoin-ETFs.png
This investment constitutes approximately 3% of Millennium Management's $64 billion fund as of the first quarter of 2024 . The firm's Bitcoin ETF holdings include investments in BlackRock, ARK21, Bitwise, Fidelity, and Grayscale . Notably, Millennium Management holds over $844 million in ETF shares under BlackRock, making it the largest allocation in spot Bitcoin ETFs for the firm