{"id":35493,"date":"2024-08-05T20:34:56","date_gmt":"2024-08-05T20:34:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/europes-fourth-largest-hedge-fund-discloses-500m-in-spot-bitcoin-etfs\/"},"modified":"2024-08-05T20:34:56","modified_gmt":"2024-08-05T20:34:56","slug":"europes-fourth-largest-hedge-fund-discloses-500m-in-spot-bitcoin-etfs","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/europes-fourth-largest-hedge-fund-discloses-500m-in-spot-bitcoin-etfs\/","title":{"rendered":"Europe\u2019s fourth largest hedge fund discloses $500m in spot Bitcoin ETFs"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/bitcoin-bull-run-on-etf-news-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/bitcoin-bull-run-on-etf-news-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/bitcoin-bull-run-on-etf-news-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/bitcoin-bull-run-on-etf-news-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Capula Management, Europe\u2019s fourth largest hedge fund, has disclosed it holds nearly $500 million in spot Bitcoin ETFs.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The spot ETF market continues to see increased demand despite Bitcoin\u2019s price woes over the past few weeks.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Capula Management, the fourth largest investment manager in Europe, holds nearly $500 million in spot Bitcoin ETFs.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to documents <\/span><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1557017\/000117266124003075\/xslForm13F_X02\/infotable.xml\"><span style=\"font-weight: 400\">filed<\/span><\/a><span style=\"font-weight: 400\"> with the US Securities and Exchange Commission, the hedge fund manager has acquired $253 million of BlackRock\u2019s iShares Bitcoin Trust (IBIT) and $211 million worth of Fidelity\u2019s Wise<\/span><span style=\"font-weight: 400\"> Origin Bitcoin<\/span><span style=\"font-weight: 400\"> (FBTC) ETF.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Capula reveals its spot ETF holdings at a time the market is struggling with price downward pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Institutional demand for Bitcoin ETFs is however seeing increased traction, with several <\/span><a href=\"https:\/\/coinjournal.net\/news\/michigan-pension-fund-discloses-6-6-million-in-bitcoin-etfs\/\"><span style=\"font-weight: 400\">pension funds<\/span><\/a><span style=\"font-weight: 400\"> among those to buy into the digital asset investment product. In one of the biggest moves, Morgan Stanley became the first major bank on Wall Street to <\/span><a href=\"https:\/\/coinjournal.net\/news\/morgan-stanley-allows-advisors-to-offer-bitcoin-etfs-to-clients\/\"><span style=\"font-weight: 400\">allow financial advisors to pitch spot Bitcoin ETFs<\/span><\/a><span style=\"font-weight: 400\"> to its clients.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Data on by Arkham also showed that major holders of BTC, including MicroStrategy, BlackRock, Fidelity and Grayscale have not sold their BTC assets despite the market losses.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Bitcoin price<\/span><\/h2>\n<p><span style=\"font-weight: 400\">On Monday, <\/span><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-tumbles-tests-49000-amid-major-crypto-selloff\/\"><span style=\"font-weight: 400\">Bitcoin dipped below $50k<\/span><\/a><span style=\"font-weight: 400\"> to test prices seen in February. However, BTC has bounced above $53k and the crypto market is optimistic of a potential recovery amid Fed interest rate cuts.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Earlier in the day, Wharton professor Jeremy Siegel called for the Fed to slash its fund rate by 75 basis points and another similar cut at its next meeting in September.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#8220;I&#8217;m calling for a 75 basis point emergency cut in the Fed funds rate, with another 75 basis point cut indicated for next month at the September meeting \u2013 and that&#8217;s minimum,&#8221; says Wharton&#8217;s Jeremy Siegel: <a href=\"https:\/\/t.co\/s4CgWx962Q\">pic.twitter.com\/s4CgWx962Q<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/1820420112895074315?ref_src=twsrc%5Etfw\">August 5, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">According to Polymarket bets, bettors are seeing a <\/span><a href=\"https:\/\/polymarket.com\/event\/fed-emergency-rate-cut-in-2024?tid=1722889116048\"><span style=\"font-weight: 400\">29% chance<\/span><\/a><span style=\"font-weight: 400\"> the Fed takes an emergency interest rate cut.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/europes-fourth-largest-hedge-fund-discloses-500m-in-spot-bitcoin-etfs\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Capula Management, Europe\u2019s fourth largest hedge fund, has disclosed it holds nearly $500 million in spot Bitcoin ETFs. The spot ETF market continues to see increased demand despite Bitcoin\u2019s price woes over the past few weeks. Capula Management, the fourth largest [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":35494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/35493"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=35493"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/35493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/35494"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=35493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=35493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=35493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}