What 13F filings tell us about institutional appetite for bitcoin ETFs

13F filings continue to pour in and are a good gauge of institutional interest in bitcoin ETFs. 

The forms were first filed at the beginning of last month and will continue to come in until mid-May.

The document is a required form filed with the Securities and Exchange Commission which discloses the quarterly holdings for institutions that manage $100 million or more. 

Two of the biggest institutions to disclose holdings in a bitcoin ETF so far have been BNP Paribas and BNY Mellon.

BNY Mellon’s 13F shows that it owns nearly 20,000 shares of IBIT and roughly 7,000 shares of Grayscale’s bitcoin ETF GBTC. 

BNP Paribas, on the other hand, only owns about 1,000 shares of IBIT.

The…

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