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Capula Investment Management, a prominent London-based hedge fund, has reported owning $464 million in spot bitcoin ETFs issued by BlackRock and Fidelity
Author: Chirag Sharma
Capula Investment Management, a prominent London-based hedge fund, has reported owning $464 million in spot bitcoin ETFs issued by BlackRock and Fidelity. This filing, reflecting the firm’s holdings as of June 30, was submitted to the U.S. Securities and Exchange Commission.
Due to the recent decline in Bitcoin prices, Capula’s position in these ETFs has decreased. As of 1:11 p.m. EST on Monday, the value of Capula’s spot bitcoin ETF holdings had dropped to approximately $420 million.
The depreciation in Bitcoin prices has significantly impacted the value of both BlackRock and Fidelity’s bitcoin-based ETFs. Capula, the fourth-largest hedge fund in Europe, is experiencing a notable decline in its ETF holdings.
The drop in Bitcoin prices continues to affect major investment firms like Capula Investment Management. Investors are closely watching the market for further developments.
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