Farallon Capital and Cetera hold a total of $107.8 million in Grayscale GBTC

Odaily Odaily News Farallon Capital Farallon Capital Management, Cetera Investment Advisers and BigSur Wealth Management reported that a large amount of money has been invested in spot Bitcoin ETFs in the first quarter. 1. On May 24, San Francisco hedge fund management company Farallon Capital disclosed an investment of $85.2 million in Grayscale's GBTC. According to Fintel data, the company is one of the 10 companies with the largest GBTC holdings. 2. On the same day, independent wealth center Cetera Investment Advisers also disclosed an investment of $22.6 million in GBTC, becoming one of the 25 companies with the largest GBTC positions. 3. On May 22, BigSur Wealth Management disclosed an investment of $3.3 million in BlackRock's IBIT, becoming one of the 80 companies with the largest investment in IBIT. It is reported that none of these companies have disclosed their holdings in other spot Bitcoin ETFs. However, Cetera Investment Advisers disclosed that its holdings in the ProShares Bitcoin Strategy ETF (BITO) increased by 83% from the previous quarter.