Wealth manager Choreo discloses first Bitcoin ETF holdings

Choreo, an independent wealth management company, has entered more than $ 27 billion of management assets, formally to Bitcoin Etf Rush, and revealed about $ 6.5 million invested through multiple funds.

According to a Wednesday’s report with SEC, it was the largest share in Choreo in ISHARES Bitcoin Trust from Blackrock (IBIT), with a value of 51,679 shares valued at more than $ 3 million on June 30.

The company also held 22,976 shares from ETF Bitcoin Trust (GBTC), approximately $ 1.9 million, and 814 shares from ETF Mini Trust Mini Trust (BTC), at a value of about $ 397,000.

Upon approximation of his exposure to Bitcoin, Choreo owns 13,607 shares of Fidelity Wise Origin Bitcoin Etf (FBTC), at a value of about $ 1.3 million, during the second quarter of this year.

The new Choreo disclosure places a growing list of wealth managers and institutional investors who add investment funds circulating in Bitcoin to their governor.

Not only are the managers and pension funds, but university endowments are also engaged in investment funds circulating in Bitcoin.

Harvard University Management Company revealed last week that it had bought about 1.9 million shares from ISHARES Bitcoin ETF from Blackrock, which is worth more than $ 116 million, as of June 30. The position was the fifth greater in its $ 53 billion, after Microsoft, Amazon, Booking Holdings and Meta.