Millennium Management's Hedging fund reduced its Position in Spot BTC ETF in Q2, reducing its holding in Grayscale's GBTC by 52%. According to the 13-F filing submitted to the SEC, Millennium Management dropped its Position (reported value) in Spot BTC ETF by 14% in Q2, holding $589 million worth of IBIT (-48%), $371 million worth of GBTC (-52%), $82 million worth of BITB (+71%), $65 million worth of MSTR (+8837%).
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Millennium Management's Hedging fund reduced its Position in Spot BTC ETF in Q2, reducing its holding in Grayscale's GBTC by 52%. According to the 13-F filing submitted to the SEC, Millennium Management dropped its Position (reported value) in Spot BTC ETF by 14% in Q2, holding $589 million worth of IBIT (-48%), $371 million worth of GBTC (-52%), $82 million worth of BITB (+71%), $65 million worth of MSTR (+8837%).