Odaily Planet Daily News: The latest 13F filing submitted to the US SEC reveals how hedge funds and large banks adjusted their positions in major Bitcoin ETFs in the third quarter, highlighting a shift in strategy and the increasing popularity of crypto backed assets. According to Fintel's data as of September 30th, nearly 700 institutional owners and shareholders hold a total of 160.2 million shares of BlackRock IBIT. The ETF manages assets worth $42 billion. Millennium Management remains the main holder of IBIT, increasing its holdings by 12.6 million shares this quarter, bringing its total holdings to 23.5 million shares worth $848 million. The hedge fund also holds 11.6 million shares of Fidelity FBTC worth $644 million. One of the leading European hedge funds, Capula, also increased its holdings by buying 1.1 million shares of IBIT ($308 million) and FBTC ($288 million) respectively. At the same time, some investors have reduced or exited their positions. Steve Cohen's Point72 withdrew from IBIT and FBTC positions, while Jane Street sold 6.4 million shares of IBIT. However, Jane Street still holds significant stakes in other Bitcoin ETFs, including ARK 21Shares Bitcoin ETF (ARKB) with 4.4 million shares ($283 million), ProShares Bitcoin ETF (BITO) with 6.9 million shares ($133 million), and FBTC with 2.5 million shares ($142 million). Tudor Investment Corporation, led by Paul Tudor Jones, holds over 4.4 million shares of IBIT, currently valued at $230 million. Goldman Sachs increased its holdings of 5.77 million shares of IBIT, bringing its total holdings to 12.7 million shares worth $710 million. This consolidates Goldman Sachs' position as the second largest holder of IBIT. Morgan Stanley reduced its holdings and sold 449802 shares of IBIT, reducing the value of its Bitcoin ETF portfolio from $203 million in the previous quarter to $183.9 million. In contrast, JPMorgan Chase only increased its holdings of 387 shares of IBIT ($13982) and 213 shares of FBTC ($11877), with a total position of nearly $65000. (The Block)