Hedge fund powerhouse Brevan Howard has taken the lead in the race for Bitcoin ETF dominance. A new SEC filing reveals the firm now holds about 37.5 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth nearly $2.3 billion as of June 30. This marks a steep climb from 21.5 million shares in the first quarter, pushing Brevan Howard ahead of Goldman Sachs, which previously topped the list with a $1.4 billion stake.

The investment highlights Brevan Howard’s growing commitment to digital assets. Best known for its macro trading strategies, the hedge fund has been rapidly scaling its presence in crypto through BH Digital, a division managing billions across blockchain infrastructure and related technologies. This bold move solidifies the firm as a leading force in institutional crypto adoption.

IBIT continues to dominate the market with more than $88 billion in Bitcoin under management. Other major holders include Symmetry Investments, Capula Management, Mubadala Investment, and notably Harvard Management, which entered the top 20 with a $1.9 billion position, reflecting rising institutional appetite for Bitcoin exposure.

Filing

Maximilian Obwexer had a problem. 

He was heating his home in Austria with conventional heating oil, and it was expensive. A tinkerer by nature, and a former engineer having worked on hydropower plants, he was trying to find a better way to heat his home. 

After many rounds of experimentation and having delved down the Bitcoin (mining) rabbit hole, three years ago he founded a company devoted to the effort. His company, 21energy, makes well-balanced, sturdy, and incredibly beautiful (and incredibly quiet!) miners for home use. The early models of Ofen 1 boasted up to 10 TH/s, while the premium model could reach, at top speed and making plenty of noise, 40 TH/s. Having scaled up…

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Due to certain laws and court rulings, it’s becoming more and more difficult to preserve one’s privacy when communicating and transacting online, but there are steps we can take to maintain our privacy, as per what Bitcoin policy advocate Freddie New shared in my recent interview with him.

Before getting to those steps, though, please allow me to offer some background on how online privacy has been negatively impacted in both the UK and US as of late.

July 25 marked the first day of enforcement for the UK’s Online Safety Act, which requires that UK internet users input identifying information before browsing certain websites in efforts to protect children from accessing…

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The bitcoin price currently appears to be on the verge of entering a euphoric phase of price action after an already strong bull market. However, has this cycle truly been as impressive as the USD price chart suggests, or could Bitcoin actually be underperforming when compared to other assets and historical cycles? This analysis digs into the numbers, compares multiple cycles, and examines Bitcoin’s performance not just against the US dollar, but also versus assets like Gold and US tech stocks, to give a clearer picture of where we really stand.

Previous Bitcoin Price Cycles

Looking at the Bitcoin Growth Since Cycle Lows chart, the data initially looks promising. From the lows at the…

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Wells Fargo, the fourth-largest U.S. bank, has dramatically expanded its exposure to Bitcoin ETFs, according to a recent SEC filing. The bank disclosed it held more than $160 million in BlackRock’s iShares Bitcoin Trust (IBIT) as of June 30, a sharp rise from just over $26 million at the end of the first quarter. The move highlights a growing embrace of digital assets among major financial institutions.

The filing also revealed Wells Fargo boosted its stake in the Invesco Galaxy Bitcoin ETF (BTCO) from $2.5 million to nearly $26 million during the second quarter. Holdings in the Grayscale Bitcoin Mini Trust and Grayscale Bitcoin Trust (GBTC) also climbed modestly, alongside smaller positions in Bitcoin and Ethereum funds from ARK Invest/21Shares, Bitwise, CoinShares/Valkyrie, Fidelity, and VanEck.

Momentum toward crypto exposure has been building across Wall Street. Earlier this year, Bloomberg reported Wells Fargo and Bank of America’s Merrill began offering spot Bitcoin ETFs to brokerage clients upon request. The latest filing signals that big banks are not only opening the door for clients but also actively investing in crypto themselves.

Filing

Hong Kong-based asset management giant Avenir has made headlines by investing $1.3 billion in Bitcoin exchange-traded funds (ETFs). The move highlights the growing confidence of major financial institutions in Bitcoin’s long-term potential, especially in Asia, where crypto adoption is accelerating. Avenir’s decision places it among the leading institutional players viewing Bitcoin as a core investment strategy rather than a speculative gamble.

The timing of this allocation reflects a broader regional trend. From South Korea to Singapore, both institutional and retail investors are showing stronger interest in digital assets. Hong Kong has emerged as a frontrunner, introducing policies that encourage innovation in the crypto sector while maintaining clear regulatory oversight. Avenir’s massive Bitcoin ETF stake underscores the city’s ambition to become a global hub for digital finance.

Beyond the financial commitment, this investment signals a deeper shift in perception—treating Bitcoin as a legitimate asset class. Institutional adoption has historically boosted market stability, liquidity, and investor confidence. With regulatory clarity expanding across Asia, more capital inflows into Bitcoin ETFs are expected, potentially driving crypto further into mainstream financial portfolios.