Have institutional investors entered the Bitcoin spot ETF market yet? The truth will be revealed in the 13F reports in mid-May.
The US Bitcoin spot ETF was officially launched on January 11 this year, bringing in a total of $11.2 billion in capital inflows to the market. The question remains: who are these investors? Are they retail investors or have institutional investors also entered the market? Since there is no public data available for reference, most of the speculation is based on analysts observing investor behavior. Fortunately, by mid-May, investment institutions with assets under management exceeding $100 million are required to submit 13F reports, which will reveal whether institutions have entered the Bitcoin spot ETF market!
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What is a 13F Report?
13F Report Form 13F is a quarterly report required by the U.S. Securities and Exchange Commission (SEC) for institutional investment managers or advisors with assets under management of over $100 million. It must be filed within 45 days after the end of each quarter.
This report requires disclosure of the stocks, fund flows, and other securities held by these institutions, including the types, quantities, and values of stocks. Institutional investors may include mutual funds, hedge funds, trust companies, pension funds, and insurance companies, among others.
By observing changes in the holdings of these institutions through their 13F filings, investors can gain insight into professional investment managers' views on market trends. Institutions such as Berkshire Hathaway, Soros Fund Management, Oaktree Capital, and Bridgewater Associates are closely monitored. However, due to the lag in the information in the report, while it can be referenced, it should not be solely relied upon.
Keep an Eye on the May 13F Reports
Given that the U.S. Bitcoin spot ETF was officially launched on January 11 this year, the first 13F report will cover statistics up to the end of March and will be released in mid-May. At that time, we will be able to check from the SEC website whether large institutions have entered the Bitcoin spot ETF market!