Hedge funds Millennium, Capula, and Tudor increased their investments in Bitcoin spot ETFs in the third quarter

ChainCatcher news, according to Forbes, securities filing documents show that hedge funds Millennium Management, Capula Management, and Tudor Investment increased their investments in U.S. spot Bitcoin ETFs in the third quarter.

Millennium's holdings in iShares Bitcoin Trust more than doubled from the previous quarter to 23.5 million shares, valued at $849 million. It also increased its positions in ARK 21Shares and Bitwise Bitcoin ETFs; London-based macro hedge fund Capula added to its positions in iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, totaling approximately $600 million; Paul Tudor Jones's hedge fund Tudor significantly increased its investment in iShares Bitcoin Trust, raising its share count fivefold to 4.4 million shares.