Has institutional investors entered the Bitcoin spot ETF market? The truth will be revealed in the mid-May 13F report.
The US Bitcoin spot ETF was officially launched on January 11th this year and has attracted $11.2 billion in capital inflows to the market. Who are these investors? Are they retail investors or institutional investors? Currently, there is no public data available for inquiry, so it is mostly speculated by analysts based on investor behavior. Fortunately, in mid-May, investment institutions with assets under management exceeding $100 million will be required to submit a 13F report, at which time we will know whether institutions have entered the Bitcoin spot ETF.
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What is a 13F report?
Pay close attention to the 13F report published in mid-May
13F report
(Form 13F) is a requirement by the US Securities and Exchange Commission (SEC) that investment institutions or advisors with assets under management exceeding $100 million must submit quarterly reports within 45 days after the end of each quarter.
This report requires disclosure of the stocks, fund flows, and other securities held by these institutions, including the type, quantity, and value of stocks. Investment institutions may include mutual funds, hedge funds, trust companies, pension funds, and insurance companies, among others.
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By observing the changes in holdings in these institutions’ 13F reports, investors can get a glimpse of professional investment managers’ views on market trends. Institutions such as Berkshire Hathaway, Soros Fund, Oaktree Capital, and Bridgewater Associates are all objects of attention. However, due to the lag in the information in the report, although it can be referenced, it cannot be fully relied upon.
Since the US Bitcoin spot ETF was officially launched on January 11th this year, and the first 13F report will cover until the end of March and will be published before mid-May, we will be able to find out whether large institutions have entered the Bitcoin spot ETF from the SEC website.
13F report
Bitcoin spot ETF
Further reading:
Bitcoin Surpasses $70,000 Again, Will the Bitcoin Spot ETF Escape Net Outflows Nightmare?
IBIT Becomes BlackRock’s Hottest ETF, Could Earn Tens of Millions of Dollars in a Year.