{"id":14062,"date":"2025-02-20T07:31:48","date_gmt":"2025-02-20T07:31:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=14062"},"modified":"2025-02-20T07:31:48","modified_gmt":"2025-02-20T07:31:48","slug":"bitcoin-goes-mainstream-over-1500-financial-institutions-have-btc-exposure","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=14062","title":{"rendered":"Bitcoin Goes Mainstream: Over 1,500 Financial Institutions Have BTC Exposure"},"content":{"rendered":"<div>\n<p>There were 1,573 institutions with long exposure to Bitcoin as of the end of 2024, according to findings from Bitcoin analyst and educator Sam Callahan.<\/p>\n<p>The researcher took a deep dive into US Securities and Exchange Commission 13F filings, which are forms that large investment firms submit quarterly to disclose their holdings of stocks and equity-related assets.<\/p>\n<p>The institutions included banks, <a href=\"https:\/\/cryptopotato.com\/this-european-hedge-fund-giant-announces-464-million-investment-in-spot-bitcoin-etfs\/\" data-wpel-link=\"internal\">hedge funds<\/a>, registered investment advisors, family offices, endowments, pensions, sovereign wealth funds, and other asset managers, he noted.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I dug through the 13F filings and, by my count, there were 1,573 institutions with long exposure to Bitcoin in Q4 2024.<\/p>\n<p>These include banks, hedge funds, RIAs, family offices, endowments, pensions, sovereign wealth funds, &amp; other asset managers.<\/p>\n<p>Below are some major findings<\/p>\n<p>\u2014 Sam Callahan (@samcallah) <a href=\"https:\/\/twitter.com\/samcallah\/status\/1892245816888242428?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">February 19, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Early Stage Institutional Interest<\/h2>\n<p>However, he noted that these 13F filings only contain a firm\u2019s long positions in US equity-related assets. They exclude assets such as bonds, real estate, commodities, venture capital, futures, cash, and spot Bitcoin ETFs, so they only provide an \u201cincomplete picture\u201d of a firm\u2019s total portfolio.<\/p>\n<p>However, the median Bitcoin position across institutions was just 0.13%, indicating that adoption was still in very early stages.<\/p>\n<p>Some notable firms with significant <a href=\"https:\/\/cryptopotato.com\/bitfinex-warns-of-bearish-signals-as-bitcoin-continues-to-consolidate\/\" data-wpel-link=\"internal\">Bitcoin<\/a> allocations include Horizon Kinetics, with $1.3 billion exposure or 16%, Bracebridge Capital has $334 million exposure or around 24%, Tudor Investment Corp as $436 million, 1.6% while Brevan Howard has 8.7%, equating to $1.4 billion in Bitcoin.<\/p>\n<p>Large quant and market-making firms such as Millennium, Jane Street, and Citadel hold Bitcoin ETFs, but primarily for arbitrage, not for long-term investment, he noted.<\/p>\n<p>Meanwhile, banks like JPMorgan and Goldman Sachs have small Bitcoin ETF holdings, mainly for market-making purposes, due to current regulatory restrictions.<\/p>\n<p>Overall, Bitcoin is gaining traction as an institutional asset, but its adoption is still in its early stages. Only 19% of the 8,190 13F filings last quarter reported BTC exposure.<\/p>\n<blockquote>\n<p>\u201cInstitutional investors managing trillions of dollars are still just dipping their toes in this market,\u201d he said before concluding:<\/p>\n<p>\u201cAs more enter the fray\u2014or those already in increase their allocations\u2014the inflows could drive Bitcoin to new heights and change its investor base forever.\u201d<\/p>\n<\/blockquote>\n<h2>SEC Filings at ATH<\/h2>\n<p>On Feb. 19, Alphractal founder and CEO Joao Wedson observed that <a href=\"https:\/\/cryptopotato.com\/btc-struggles-below-100k-us-inflation-higher-than-expected-etf-filings-pile-up-your-weekly-crypto-recap\/\" data-wpel-link=\"internal\">SEC filings<\/a> mentioning the top two crypto assets are at record levels.<\/p>\n<blockquote>\n<p>\u201cA major movement in crypto is coming as SEC filings mentioning \u2018Bitcoin\u2019 and \u2018Ethereum\u2019 have hit an all-time high! Institutions are in the game, and things are heating up,\u201d<\/p>\n<\/blockquote>\n<p>The improved regulatory landscape in the United States under the new Donald Trump administration has been tipped to accelerate the adoption of Bitcoin and crypto as they go mainstream.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">An interesting thing is brewing! A major movement in crypto is coming as SEC filings mentioning \u2018Bitcoin\u2019 and \u2018Ethereum\u2019 have hit an all-time high! Institutions are in the game and things are heating up.<\/p>\n<p>Positive or negative?<br \/>\nWe\u2019ll find out soon!<\/p>\n<p>The Final Countdown <a href=\"https:\/\/t.co\/qzQHSTxMTs\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/qzQHSTxMTs<\/a><\/p>\n<p>\u2014 Joao Wedson (@joao_wedson) <a href=\"https:\/\/twitter.com\/joao_wedson\/status\/1892228581662605766?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">February 19, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Meanwhile, retail is still showing weak hands, with markets remaining range-bound for most of this month.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-goes-mainstream-over-1500-financial-institutions-have-btc-exposure\/\" rel=\"nofollow\">Bitcoin Goes Mainstream: Over 1,500 Financial Institutions Have BTC Exposure<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>There were 1,573 institutions with long exposure to Bitcoin as of the end of 2024, according to findings from Bitcoin analyst and educator Sam Callahan. The researcher took a deep dive into US Securities and Exchange Commission 13F filings, which are forms that large investment firms submit quarterly to disclose their holdings of stocks and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-14062","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14062"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14062\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}