Capula Management, the fourth largest hedge fund in Europe, invests $500 million in spot Bitcoin ETFs: holdings in BlackRock and Fidelity ETFs.
Capula Management, Europe’s fourth-largest hedge fund, has allocated nearly $500 million to Bitcoin spot ETFs. The investment disclosure was made public on August 5, revealing holdings in Fidelity’s FBTC and BlackRock’s IBIT.
As of June 30, the total value of investments exceeds $464 million. Capula, based in the United Kingdom, manages over $30 billion in assets.
In addition to Capula, other hedge funds also hold significant positions in Bitcoin ETFs. Last May, Millennium Management revealed that it owned nearly $2 billion in Bitcoin ETF-related assets.
From August 7, investment bank Morgan Stanley will allow its 15,000 financial advisors to offer Bitcoin investments to their clients.
