Recent data reveals that Brevan Howard has significantly increased its stake in Bitcoin ETFs, surpassing Goldman Sachs.
Brevan Howard Investments
According to recent regulatory filings, Brevan Howard now holds approximately $2.32 billion worth of IBIT shares, making it the largest shareholder of the fund, overtaking Goldman Sachs, which previously reported $1.4 billion in investments.
The Bitcoin ETF Market
Brevan Howard’s increase in holdings coincides with a rising interest in firms offering clients access to Bitcoin via ETFs. Notably, BlackRock's Bitcoin ETF has surpassed $90 billion in assets under management, highlighting the significance of returns from this type of investment product.
Trends in Institutional Investments
Despite recent price volatility in Bitcoin, demand for ETFs remains strong. On August 14, Bitcoin ETFs attracted over $523 million in net inflows, indicating confidence among large-scale investors in digital asset markets. Institutional investors, including hedge funds and pension funds, are increasingly navigating this sector.
Thus, the activity of funds like Brevan Howard reflects the growing interest of institutional investors in digital assets and underscores the sustained growth of Bitcoin ETFs.
