Brevan Howard Surpasses Goldman Sachs in BlackRock’s Bitcoin ETF, Indicating Growing Institutional Interest
The post Brevan Howard Surpasses Goldman Sachs in BlackRock’s Bitcoin ETF, Indicating Growing Institutional Interest appeared on BitcoinEthereumNews.com. Brevan Howard now holds $2.32 billion in BlackRock’s Bitcoin ETF, surpassing Goldman Sachs, highlighting a significant trend in institutional investment in Bitcoin. Brevan Howard has disclosed a $2.32 billion stake in BlackRock’s Bitcoin ETF, surpassing Goldman Sachs as the largest reported shareholder. BlackRock’s IBIT has grown rapidly, crossing $90 billion in assets and ranking among the largest exchange-traded funds in the United States. Despite recent price declines, Bitcoin ETFs saw $523.7 million in net inflows on August 14, reflecting continued institutional demand. Brevan Howard’s investment in BlackRock’s Bitcoin ETF highlights growing institutional interest in cryptocurrency, urging investors to consider Bitcoin exposure. What is Brevan Howard’s investment in BlackRock’s Bitcoin ETF? Brevan Howard has expanded its exposure to Bitcoin through BlackRock’s exchange-traded fund, now holding $2.32 billion worth of IBIT shares. This marks a significant increase, positioning the hedge fund as a major player in the Bitcoin ETF market. How does Brevan Howard compare to Goldman Sachs? The May 2024 disclosure from the Securities and Exchange Commission indicated Goldman Sachs as the leading shareholder in IBIT with $1.4 billion invested. Brevan Howard’s latest filing suggests it has overtaken Goldman, becoming the largest shareholder of BlackRock’s Bitcoin ETF. ‘, ‘
The post Brevan Howard Surpasses Goldman Sachs in BlackRock’s Bitcoin ETF, Indicating Growing Institutional Interest appeared on BitcoinEthereumNews.com.
Brevan Howard now holds $2.32 billion in BlackRock’s Bitcoin ETF, surpassing Goldman Sachs, highlighting a significant trend in institutional investment in Bitcoin. Brevan Howard has disclosed a $2.32 billion stake in BlackRock’s Bitcoin ETF, surpassing Goldman Sachs as the largest reported shareholder. BlackRock’s IBIT has grown rapidly, crossing $90 billion in assets and ranking among the largest exchange-traded funds in the United States. Despite recent price declines, Bitcoin ETFs saw $523.7 million in net inflows on August 14, reflecting continued institutional demand. Brevan Howard’s investment in BlackRock’s Bitcoin ETF highlights growing institutional interest in cryptocurrency, urging investors to consider Bitcoin exposure. What is Brevan Howard’s investment in BlackRock’s Bitcoin ETF? Brevan Howard has expanded its exposure to Bitcoin through BlackRock’s exchange-traded fund, now holding $2.32 billion worth of IBIT shares. This marks a significant increase, positioning the hedge fund as a major player in the Bitcoin ETF market. How does Brevan Howard compare to Goldman Sachs? The May 2024 disclosure from the Securities and Exchange Commission indicated Goldman Sachs as the leading shareholder in IBIT with $1.4 billion invested. Brevan Howard’s latest filing suggests it has overtaken Goldman, becoming the largest shareholder of BlackRock’s Bitcoin ETF. ‘, ‘
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