华尔街青睐比特币 ETF

华尔街知名公司和大型机构投资者在第二季度购买了现货比特币（BTCUSD）交易所交易基金

Key Takeaways

要点

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.

华尔街知名公司和大型机构投资者在第二季度购买了现货比特币（BTCUSD）交易所交易基金，这表明传统金融领域对产品有良好的兴趣。

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 文件报告称，在美国交易的 11 只现货比特币 ETF 中，有 7 只持有超过 4 亿美元的头寸，引起了许多投资者和媒体的关注。但它并不是唯一一家通过 ETF 披露比特币风险的大公司。

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) 也比上一季度增加了比特币 ETF 持有量，当时持有 Simplify 比特币策略 ETF (MAXI) 和 Valkyrie 比特币和以太策略 ETF (BTF) 各两股。

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.

根据周三提交的文件，摩根士丹利不仅增持了这两只比特币，而且截至 6 月 30 日，它还在另外 6 个比特币现货 ETF 中增持了新头寸，价值约为 1.89 亿美元。iShares 比特币信托 ETF (IBIT) 几乎占据了所有的敞口。 。

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.

富国银行 (WFC) 将其持有范围扩大到灰度比特币信托 (GBTC) 之外，还包括 Fidelity Wise Origin 基金 (FBTC)、Invesco Galaxy 比特币 ETF (BTCO)、iShares 和 VanEck 比特币信托 (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.

目前尚不清楚这些持股是否代表客户。本月早些时候，摩根士丹利允许其顾问向客户推销比特币 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.

摩根大通的现货比特币 ETF 持有量减少至少量 GBTC。此前，该国最大的银行报告称在第一季度末持有至少三只其他比特币 ETF 的股份。 Swan Bitcoin 首席分析师 Sam Callahan 表示，当时，这些资产被认为与该银行作为做市商的角色有关，其目的是促进交易。

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.

基于量化的对冲基金Renaissance Technologies也在第二季度扩大了比特币ETF的购买规模，将Bitwise比特币ETF的押注增加了一倍多，并增加了富兰克林比特币ETF（EZBC）、iShares和VanEck基金的新头寸。它出售了 Fidelity 和 Grayscale 基金的所有股份，并减持了 ARK 21Shares 比特币 ETF (ARKB) 和 Invesco ETF 的持仓。

BlackRock's IBIT Is a Clear Winner

贝莱德的 IBIT 是明显的赢家

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.

投资者越来越希望押注贝莱德的 iShares 比特币信托 ETF。高盛 4.18 亿美元的比特币 ETF 投资中有一半以上（约合 2.38 亿美元）流向了该基金。它还占摩根士丹利持有的比特币 ETF 的最大份额。

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

上周，总部位于伦敦的对冲基金巨头 Capula Management 也披露了其持有 IBIT 和 Fidelity ETF 合计价值超过 4 亿美元的所有权。

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.

负责处理威斯康星州退休基金和投资的威斯康星州投资委员会（SWIB）也在第二季度增持了 IBIT。 SWIB 在其备案文件中披露了近 290 万股 IBIT 股票，高于上一季度末披露的 245 万股。 SWIB 退出了其在 Grayscale 基金中的地位。