The latest 13F filings show significant institutional investment in cryptocurrency assets. Key takeaways:
- *Pension Funds*: Harvard Management Company invested $116.7 mil in $iShares Bitcoin Trust(IBIT)$ , a Bitcoin ETF. Utah Retirement Systems increased its $MicroStrategy(MSTR)$ holdings to $9.56 mil.
- *Wall Street Giants*: Goldman Sachs increased its IBIT holdings to $1.7 bil and invested FBTC and $iShares Ethereum Trust ETF(ETHA)$ . Morgan Stanley increased its IBIT holdings by 59.21% and invested in ARKB.
- *Cryptocurrency Stocks*: $Circle Internet Corp.(CRCL)$ , $Coinbase Global, Inc.(COIN)$ , and Robinhood saw increased holdings by major firms.
This trend suggests a shift towards mainstream acceptance of cryptocurrencies.
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