Vanguard, BlackRock up MSTR holdings, while TradFi firms continue disclosing Bitcoin ETF investments

Vanguard and BlackRock person accrued their stakes successful MicroStrategy holdings (MSTR) connected May 10.

Vanguard holds 1.6 cardinal shares of MSTR worthy $2.6 cardinal arsenic of the extremity of the archetypal quarter, up from 1.2 cardinal shares worthy $727.6 cardinal astatine the extremity of December 2023.

BlackRock present holds 1.2 cardinal shares worthy $2.1 billion, up from 1.0 cardinal shares worthy $646.4 cardinal astatine the extremity of the past quarter.

Numerous different companies person besides invested successful MSTR, which provides vulnerability to Bitcoin done its ain Bitcoin investments. Data from Fintel indicates that astatine slightest 750 firms person invested successful MSTR.

MicroStrategy itself has taken steps to summation its Bitcoin holdings. The steadfast reported buying $1.65 cardinal of BTC successful the archetypal quarter, raising its full holdings to 214,400 BTC. The institution maintains its presumption arsenic the publically traded institution with the astir Bitcoin.

Other Bitcoin ETF filings

Meanwhile, 13F disclosures proceed to uncover increasing TradFi investments successful spot Bitcoin ETFs.

Swiss slope UBS has invested $145,692 successful BlackRock’s IBIT connected May 13. Other Global Systemically Important Banks (G-SIBS), including JP Morgan, Wells Fargo, and BNP Paribas person likewise reported spot Bitcoin ETF investments implicit the archetypal quarter.

Wolverine Asset Management, an alternate concern firm, revealed it is 1 of the largest holders of Fidelity’s FBTC, with $54 cardinal invested successful the ETF implicit the archetypal quarter. Meanwhile, fintech steadfast Envestnet reported a $62 cardinal concern successful spot Bitcoin ETFs, including FBTC, GBTC, ARKB, IBIT, and BITB.

Crypto and blockchain concern steadfast Multicoin Capital reported a $83.5 cardinal concern successful Grayscale’s GBTC. Multicoin’s sole different 13F-reported concern is successful Coinbase (COIN) stock, worthy $217 million, for a full of $300 cardinal crossed its latest 13F filing.

The concern places Multicoin Capital among the largest GBTC holders. In earlier filings, Susquehanna International Group and Horizon Kinetics Asset Management reported larger investments, amounting to $1.1 cardinal and $540 million, respectively.

Spot Bitcoin ETFs collectively reported $52.4 cardinal successful assets nether absorption (AUM) arsenic of May 13 and $11.7 cardinal of cumulative inflows arsenic of May 10.

The station Vanguard, BlackRock up MSTR holdings, portion TradFi firms proceed disclosing Bitcoin ETF investments appeared archetypal connected CryptoSlate.