Bracebridge Capital emerges as top holder of ARKB and IBIT spot bitcoin ETFs | Headlines | News | CoinMarketCap

05/14/2024 19:05
Bracebridge Capital emerges as top holder of ARKB and IBIT spot bitcoin ETFs | Headlines | News | CoinMarketCap

Bracebridge Capital, a hedge fund that manages the endowments of Yale University and Princeton University, has reported owning shares in Ark Invest, …

Bracebridge Capital, a hedge fund that manages the endowments of Yale University and Princeton University, has reported owning shares in Ark Invest, BlackRock and Grayscale U.S. spot bitcoin exchange-traded funds.

In a 13F filing with the Securities and Exchange Commission on May 10, the Boston-based firm reported owning 4,327,380 shares in Ark Invest’s ARKB, 2,486,750 shares in BlackRock’s IBIT and 419,910 shares in Grayscale’s GBTC. The shares were valued at $307.2 million, $100.6 million and $26.5 million, respectively — as of March 31.

13F filings are quarterly reports filed with the SEC by institutional investment managers with at least $100 million in equity assets under management. The filings provide a view of the manager's stock holdings at the end of each quarter. 

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