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Steven Cohen’s Point72 reveals $77.5M in Bitcoin ETF holdings

Ayush Pande
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Ayush Pande
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Ayush Pande
Steven Cohen’s Point72 reveals $77.5M in Bitcoin ETF holdings
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Steven Cohen's Point72 reported $77.5M worth of holdings for the Fidelity Wise Origin Bitcoin Fund (FBTC) in its 13F filing.

Point72's move aligned with other prominent hedge funds entering the Bitcoin ETF market. Earlier this week, hedge fund giant Millennium Management’s 13F filing disclosed the company’s $2B exposure to Bitcoin ETFs. Similarly, Schonfeld Strategic Advisors holds a total of $479M in IBIT and FBTC ETFs.

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Additionally, 13 out of the 25 largest US hedge funds have invested in spot BTC ETFs in just the first quarter of 2024. As such, Bitcoin ETFs have seemingly eliminated previous institutional hesitations about digital assets. 

Despite the widespread adoption of BTC ETFs, the most popular cryptocurrency has remained under the $70K mark following the fourth halving in April. Currently, Bitcoin is valued at $67K, up by a modest 1.4% in the last 24 hours.

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Ayush Pande
Written by:
Ayush Pande
Co-Founder & CEO

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author
Ayush Pande
Reviewed by:
Ayush Pande
Writer

Steven Cohen’s Point72 reveals $77.5M in Bitcoin ETF holdings

Steven Cohen's Point72 reported $77.5M worth of holdings for the Fidelity Wise Origin Bitcoin Fund (FBTC) in its 13F filing.
Bitcoin
Dot
April 5, 2025
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in
TABLE OF CONTENTS
Photo Source: Kanchanara (Unsplash)

Steven Cohen's Point72 reported $77.5M worth of holdings for the Fidelity Wise Origin Bitcoin Fund (FBTC) in its 13F filing.

Point72's move aligned with other prominent hedge funds entering the Bitcoin ETF market. Earlier this week, hedge fund giant Millennium Management’s 13F filing disclosed the company’s $2B exposure to Bitcoin ETFs. Similarly, Schonfeld Strategic Advisors holds a total of $479M in IBIT and FBTC ETFs.

‍



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Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Additionally, 13 out of the 25 largest US hedge funds have invested in spot BTC ETFs in just the first quarter of 2024. As such, Bitcoin ETFs have seemingly eliminated previous institutional hesitations about digital assets. 

Despite the widespread adoption of BTC ETFs, the most popular cryptocurrency has remained under the $70K mark following the fourth halving in April. Currently, Bitcoin is valued at $67K, up by a modest 1.4% in the last 24 hours.

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Bitcoin
May 18, 2024

Steven Cohen’s Point72 reveals $77.5M in Bitcoin ETF holdings

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Blog Post
Contents
Photo Source: Kanchanara (Unsplash)

Steven Cohen's Point72 reported $77.5M worth of holdings for the Fidelity Wise Origin Bitcoin Fund (FBTC) in its 13F filing.

Point72's move aligned with other prominent hedge funds entering the Bitcoin ETF market. Earlier this week, hedge fund giant Millennium Management’s 13F filing disclosed the company’s $2B exposure to Bitcoin ETFs. Similarly, Schonfeld Strategic Advisors holds a total of $479M in IBIT and FBTC ETFs.

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Additionally, 13 out of the 25 largest US hedge funds have invested in spot BTC ETFs in just the first quarter of 2024. As such, Bitcoin ETFs have seemingly eliminated previous institutional hesitations about digital assets. 

Despite the widespread adoption of BTC ETFs, the most popular cryptocurrency has remained under the $70K mark following the fourth halving in April. Currently, Bitcoin is valued at $67K, up by a modest 1.4% in the last 24 hours.

Bitcoin ETF
Bitcoin
Exchange-Traded Fund
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in

Steven Cohen's Point72 reported $77.5M worth of holdings for the Fidelity Wise Origin Bitcoin Fund (FBTC) in its 13F filing.

Point72's move aligned with other prominent hedge funds entering the Bitcoin ETF market. Earlier this week, hedge fund giant Millennium Management’s 13F filing disclosed the company’s $2B exposure to Bitcoin ETFs. Similarly, Schonfeld Strategic Advisors holds a total of $479M in IBIT and FBTC ETFs.

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Additionally, 13 out of the 25 largest US hedge funds have invested in spot BTC ETFs in just the first quarter of 2024. As such, Bitcoin ETFs have seemingly eliminated previous institutional hesitations about digital assets. 

Despite the widespread adoption of BTC ETFs, the most popular cryptocurrency has remained under the $70K mark following the fourth halving in April. Currently, Bitcoin is valued at $67K, up by a modest 1.4% in the last 24 hours.

Written by
Ayush Pande
Bitcoin ETF
Bitcoin
Exchange-Traded Fund

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