華爾街青睞比特幣 ETF

華爾街知名公司和大型機構投資者在第二季度購買了現貨比特幣（BTCUSD）交易所交易基金

Key Takeaways

重點

Prominent Wall Street firms and large institutional investors bought into spot bitcoin (BTCUSD) exchange-traded funds in the second quarter, a sign of a healthy appetite for the products in the traditional financial sector.

華爾街知名公司和大型機構投資者在第二季度購買了現貨比特幣（BTCUSD）交易所交易基金，顯示傳統金融領域對產品有良好的興趣。

Goldman Sachs’ (GS) 13-F filing reporting a more than $400 million position in seven of the 11 spot bitcoin ETFs trading in the U.S. caught the eye of many investors and media. But it wasn't the only big firm to disclose bitcoin exposure through ETFs.

高盛 (GS) 13-F 文件報告稱，在美國交易的 11 只現貨比特幣 ETF 中，有 7 只持有超過 4 億美元的頭寸，引起了許多投資者和媒體的關注。但它並不是唯一一家透過 ETF 揭露比特幣風險的大公司。

Morgan Stanley (MS) also ramped up its bitcoin ETF holdings from the prior quarter, when it held two shares each of the Simplify Bitcoin Strategy ETF (MAXI) and the Valkyrie Bitcoin and Ether Strategy ETF (BTF).

摩根士丹利 (MS) 也比上一季增加了比特幣 ETF 持有量，當時持有 Simplify 比特幣策略 ETF (MAXI) 和 Valkyrie 比特幣和以太策略 ETF (BTF) 各兩股。

According the Wednesday filing, not only did Morgan Stanley add to those two holdings but it entered new positions in six other spot bitcoin ETFs worth roughly $189 million as of June 30. The iShares Bitcoin Trust ETF (IBIT) accounted for nearly all of that exposure.

根據週三提交的文件，摩根士丹利不僅增持了這兩隻比特幣，而且截至6 月30 日，它還在另外6 個比特幣現貨ETF 中增持了新頭寸，價值約為1.89 億美元。

Wells Fargo (WFC) expanded its holdings beyond the Grayscale Bitcoin Trust (GBTC) to include the Fidelity Wise Origin fund (FBTC), Invesco Galaxy bitcoin ETF (BTCO), iShares and VanEck Bitcoin Trust (HODL) funds.

富國銀行(WFC) 將其持有範圍擴大到灰階比特幣信託(GBTC) 之外，還包括Fidelity Wise Origin 基金(FBTC)、Invesco Galaxy 比特幣ETF (BTCO)、iShares 和VanEck 比特幣信託(HODL ) 基金。

It was not immediately clear whether those holdings were on behalf of clients. Morgan Stanley allowed its advisors to market bitcoin ETFs to clients earlier this month.

目前尚不清楚這些持股是否代表客戶。本月早些時候，摩根士丹利允許其顧問向客戶推銷比特幣 ETF。

JPMorgan's spot bitcoin ETF holdings dwindled to a small exposure to GBTC. This is comes after the country's largest bank reported holding shares in at least three other bitcoin ETFs at the end of the first quarter. At that time, those holdings were believed to be related to the bank's role as as a market maker and for the purpose of facilitating trading, according to Swan Bitcoin Lead Analyst Sam Callahan.

摩根大通的現貨比特幣 ETF 持有量減少至少量 GBTC。此前，該國最大的銀行報告在第一季末持有至少三隻其他比特幣 ETF 的股份。 Swan Bitcoin 首席分析師 Sam Callahan 表示，當時，這些資產被認為與該銀行作為做市商的角色有關，其目的是促進交易。

Renaissance Technologies, a quant-based hedge fund, also scaled up buying bitcoin ETFs in the second quarter, more than doubling its bet on Bitwise Bitcoin ETF, and adding new positions in the Franklin Bitcoin ETF (EZBC), iShares and VanEck funds. It sold all its shares in the Fidelity and Grayscale funds, and trimmed holdings in ARK 21Shares Bitcoin ETF (ARKB) and Invesco ETFs.

基於量化的對沖基金Renaissance Technologies也在第二季度擴大了比特幣ETF的購買規模，將Bitwise比特幣ETF的押注增加了一倍多，並增加了富蘭克林比特幣ETF（EZBC）、iShares和VanEck基金的新頭寸。它出售了 Fidelity 和 Grayscale 基金的所有股份，並減持了 ARK 21Shares 比特幣 ETF (ARKB) 和 Invesco ETF 的持股。

BlackRock's IBIT Is a Clear Winner

貝萊德的 IBIT 是明顯的贏家

Investors are increasingly looking to bet on Blackrock's iShares Bitcoin Trust ETF. More than half of Goldman's $418 million bitcoin ETF exposure, or roughly $238 million, went to that fund. It also accounted for the lion's share of Morgan Stanley's holdings of bitcoin ETFs.

投資者越來越希望押注貝萊德的 iShares 比特幣信託 ETF。高盛 4.18 億美元的比特幣 ETF 投資中有一半以上（約 2.38 億美元）流向了該基金。它還佔摩根士丹利持有的比特幣 ETF 的最大份額。

Last week, London-based hedge fund giant Capula Management also disclosed ownership of more than $400 million of IBIT and the Fidelity ETF combined.

上週，總部位於倫敦的對沖基金巨頭 Capula Management 也披露了其持有 IBIT 和 Fidelity ETF 合計價值超過 4 億美元的所有權。

The State of Wisconsin Investment Board (SWIB), which is responsible for handling the retirement funds and investments for the state of Wisconsin, also added to its IBIT holdings in the second quarter. SWIB disclosed nearly 2.9 million shares of IBIT in its filing, up from 2.45 million disclosed at the end of the previous quarter. SWIB exited its position in the Grayscale fund.

負責處理威斯康辛州退休基金和投資的威斯康辛州投資委員會（SWIB）也在第二季度增持了 IBIT。 SWIB 在其備案文件中揭露了近 290 萬股 IBIT 股票，高於上一季末揭露的 245 萬股。 SWIB 退出了在 Grayscale 基金中的地位。