According to ChainCatcher, Cointelegraph reported that in the past week, more than 600 companies disclosed significant investments in Bitcoin spot ETFs in the latest 13F documents submitted to the US SEC. The chief investment officer of cryptocurrency asset management company Bitwise believes that by the deadline of May 15, nearly 700 professional companies are expected to invest $5 billion in spot Bitcoin ETFs.
According to data filed on May 9, 563 professional investment firms reported having $3.5 billion worth of Bitcoin ETFs. These include Morgan Stanley, JPMorgan Chase, Wells Fargo, UBS, BNP Paribas, Royal Bank of Canada and hedge funds such as Millennium Management and Schonfeld Strategic Advisors.
