Goldman Sachs, Capula, Avenir were biggest BTC ETF buyers in Q2 — CoinShares
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.
Asset managers Goldman Sachs, Capula Management and Avenir Tech emerged as the biggest buyers of Bitcoin (BTC) exchange-traded funds (ETFs) in the second quarter of 2024, according to an analysis by CoinShares Research shared with Cointelegraph.
According to CoinShares’ review of quarterly 13F disclosures filed by large fund managers, the three investment firms collectively bought nearly $1.3 billion worth of BTC ETF shares.
Since launching in January, Bitcoin ETFs have seen enormous demand, aided in part by adoption by large financial institutions such as Morgan Stanley.
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Author: Alex O’Donnell
