Bitcoin ETF

Bitcoin

Million

<ul>
 <li>Capula Management invests $464M in Bitcoin ETFs, holding stakes in FBTC and IBIT as of Q2 2024</li>  
 <li>Bitcoin ETFs see $50B in inflows since January, with major funds like Capula and Millennium Management heavily investing</li>  
 <li>Bitcoin ETF trading volumes hit $1B on Aug 5, reflecting high liquidity and investor engagement despite market volatility</li> 
</ul>  
<p>Capula Management, recognized as Europe’s fourth-largest hedge fund, disclosed a substantial investment in Bitcoin exchange-traded funds (ETFs) during the second quarter of 2024. According to filings with the US Securities and Exchange Commission, the firm purchased shares totalling approximately $464.</p>  
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<p>The US Securities and Exchange Commission (SEC) 13F filings indicate that Capula holds significant stakes in two major Bitcoin ETFs: the Fidelity Wise Origin Bitcoin Fund (FBTC) and BlackRock’s iShares Bitcoin Trust (IBIT). The investment in FBTC amounts to approximately $211 million with 4,022,346 shares, while the stake in IBIT is worth around $253 million through 7,419,208 shares.</p>  
<p>Although Bitcoin prices briefly <a href="https://cryptonewsland.com/bitcoin-dominance-hits-58-yearly-high-amid-altcoin-sell-off/" target="_blank" rel="noopener noreferrer nofollow">fell</a> below $50,000 in the first days of August, they immediately recovered to above $54,000. This volatility does not appear to be an obstacle for large institutional investors, who continue to value the liquidity and regulatory monitoring of ETF structures.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-market-dynamics-and-etf-popularity-nbsp">Market Dynamics and ETF Popularity&nbsp;</h2>  
<p>Since their launch, Bitcoin ETFs have registered net inflows from investors that have now breached the $50 billion mark from January of this year. What makes them more appealing is their low costs, great investor protections, and easy accounting features, which make them suitable for mainstream investors.&nbsp;</p>  
<p>Crucially, Morgan Stanley has now <a href="https://cryptonewsland.com/morgan-stanley-to-offer-bitcoin-etfs-to-select-clients/" target="_blank" rel="noopener noreferrer nofollow">allowed</a> its wide network of financial advisers to recommend Bitcoin ETFs to clients—clearly marking that a new era in finance, with digital assets, is here to stay.</p>  
<p>Recent trading activities reflect these dynamics. On August 5, Bitcoin ETFs experienced some of the highest trading volumes recorded, with transactions worth over $1 billion executed shortly after the market opened. According to Eric Balchunas, an ETF <a href="https://x.com/EricBalchunas/status/1820472388372373563" target="_blank" rel="noopener noreferrer nofollow">analyst</a> at Bloomberg, such high volumes can indicate market trepidation but also demonstrate the deep liquidity critical for traders and institutional investors.</p>  
<h2 class="wp-block-heading" id="h-continued-growth-amid-market-fluctuations">Continued Growth Amid Market Fluctuations</h2>  
<p>Despite a challenging market environment, significant drawdowns in July led to $175 million in net outflows from Bitcoin ETFs, but the sector remains buoyant.&nbsp;</p>  
<p>Other notable institutions, including the State of Michigan Retirement System, have also reported investments in similar financial products, indicating a clear trend towards embracing digital assets among traditional financial institutions.</p>  
<p>Recent inflows and sustained trading activities further evidence institutional engagement. Such trends are not limited to Bitcoin; Ether ETFs launched in June have also captured about $8 billion in assets, illustrating a diversifying landscape for cryptocurrency investments in the <a href="https://cryptonewsland.com/hong-kong-to-launch-asias-first/" target="_blank" rel="noopener noreferrer nofollow">ETF market.</a></p>  
<p>Additionally, Other hedge funds, such as Millennium Management, have disclosed large exposure to Bitcoin-related assets, with investments totalling around $2 billion. These developments reflect traditional financial institutions' growing trust in the feasibility of cryptocurrencies as part of diversified investment portfolios.</p>  
<h4 class="wp-block-heading" id="h-read-also">Read also</h4>  
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/cathie-wood-we-need-a-bitcoin-etf/" rel="noopener noreferrer nofollow">Cathie Wood: We Need a Bitcoin ETF</a></li>  
 <li><a href="https://cryptonewsland.com/merobit-ltd-a-new-age-in-crypto-asset-management/" rel="noopener noreferrer nofollow">MEROBIT LTD: A New Age in Crypto Asset Management</a></li>  
 <li><a href="https://cryptonewsland.com/symmetry-protocol-releases-solanas-first-asset-management-infra/" rel="noopener noreferrer nofollow">Symmetry Protocol releases Solana's First Asset Management Infra</a></li>  
 <li><a href="https://cryptonewsland.com/new-regulations-bode-well-for-spot-bitcoin-etfs-plea-in-australia/" rel="noopener noreferrer nofollow">New Regulations Bode Well for Spot Bitcoin ETFs Plea in Australia</a></li>  
 <li><a href="https://cryptonewsland.com/hong-kong-to-launch-asias-first/" rel="noopener noreferrer nofollow">Hong Kong to Launch Asia’s First Crypto-Linked Inverse ETF Amid Bitcoin Market Volatility</a></li> 
</ul> 
<p>The post <a href="https://cryptonewsland.com/capula-management-unveils-464-million-investment-in-bitcoin-etfs/" rel="noopener noreferrer nofollow">Capula Management Unveils $464 Million Investment in Bitcoin ETFs</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Capula Management Unveils $464 Million Investment in Bitcoin ETFs

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