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BIG MONEY keeps flowing into Bitcoin ETFs.
A total of 1,871 institutions have now filed 13F reports showing exposure to spot Bitcoin ETFs.
Combined disclosed holdings stand at $18.37B, and that number keeps rising every quarter.
Top holders include major trading firms, asset managers, and banks like Jane Street, Goldman Sachs, Morgan Stanley, and BlackRock.
Some portfolios show direct ETF exposure, while others also hold options tied to Bitcoin funds, showing both long positioning and hedging activity.
The scale here matters, this is institutional balance sheet allocation, not retail flows.
Bitcoin ETFs are quietly becoming a core portfolio asset across Wall Street.