对冲基金通过比特币交易所交易基金（ETF）不断实现投资组合多元化

最近向 13F 证券交易委员会 (SEC) 提交的第三季度末文件显示，Millennium Management、Capula 等对冲基金

Institutional investors seeking exposure to bitcoin are increasingly turning to exchange-traded funds (ETFs). This preference was evident in the recent 13F Securities Exchange Commission (SEC) filings for the end of Q3, which revealed that several hedge funds boosted their holdings in U.S. spot bitcoin ETFs.

寻求投资比特币的机构投资者越来越多地转向交易所交易基金（ETF）。这种偏好在最近 13F 证券交易委员会 (SEC) 第三季度末提交的文件中表现得很明显，其中显示多家对冲基金增加了美国现货比特币 ETF 的持有量。

Millennium Management, Capula Management, and Tudor Investment all showed significant increases in their bitcoin exposure through ETF holdings.

Millennium Management、Capula Management 和 Tudor Investment 均通过持有 ETF 显着增加了比特币敞口。

The 13F filing is a mandatory quarterly report for institutional investment managers that handle assets worth more than $100 million. These filings provide valuable insights into the investment strategies and preferences of hedge funds and other institutions.

13F 备案是针对管理价值超过 1 亿美元资产的机构投资经理的强制性季度报告。这些文件为对冲基金和其他机构的投资策略和偏好提供了宝贵的见解。

According to the filings, Millennium Management's holdings in Ishares Bitcoin Trust (IBIT) more than doubled from the previous quarter, reaching 23.5 million shares, which were valued at $849 million at the end of September.

文件显示，Millennium Management 持有的 Ishares Bitcoin Trust (IBIT) 股份比上一季度增加了一倍多，达到 2350 万股，截至 9 月底估值为 8.49 亿美元。

The hedge fund also increased its holdings in Bitwise bitcoin and Ark 21shares bitcoin funds, bringing its total ETF holdings, including spot bitcoin and ethereum funds, to about $1.7 billion.

该对冲基金还增持了 Bitwise 比特币和 Ark 21shares 比特币基金，使其包括现货比特币和以太坊基金在内的 ETF 总持有量达到约 17 亿美元。

Macro hedge firm Capula Management also boosted its holdings in Fidelity Wise Origin Bitcoin and Ishares Bitcoin Trust to approximately $600 million, as indicated by the SEC filing.

据 SEC 文件显示，宏观对冲公司 Capula Management 还将其在 Fidelity Wise Origin Bitcoin 和 Ishares Bitcoin Trust 的持有量增加至约 6 亿美元。

Meanwhile, Tudor Investment, the hedge fund led by Paul Tudor Jones, increased its holdings of the Ishares Bitcoin Trust fund by five times, moving from 869,565 shares to 4.4 million shares.

与此同时，Paul Tudor Jones 领导的对冲基金 Tudor Investment 将 Ishares 比特币信托基金的持股量增加了五倍，从 869,565 股增至 440 万股。

These developments come as spot bitcoin ETFs have seen a strong performance in Q4, with some ETFs rising by about 35%. This performance is likely to further encourage hedge funds and institutional investors to maintain or increase their bitcoin investments.

这些进展正值比特币现货 ETF 在第四季度表现强劲之际，一些 ETF 上涨了约 35%。这一表现可能会进一步鼓励对冲基金和机构投资者维持或增加比特币投资。

The growing institutional interest in bitcoin ETFs is also evident in the increasing ownership of these funds. For instance, the world's largest asset manager, Blackrock, has played a crucial role in driving institutional adoption of cryptocurrencies by offering investors a conventional way to gain exposure to bitcoin through its Ishares Bitcoin Trust ETF.

机构对比特币 ETF 的兴趣日益浓厚，也体现在这些基金的所有权不断增加。例如，全球最大的资产管理公司贝莱德（Blackrock）通过其 Ishares 比特币信托 ETF 为投资者提供了获取比特币的传统方式，在推动机构采用加密货币方面发挥了至关重要的作用。