Millennium Management Fuels Bitcoin ETF Surge by Injecting $2 Billion Investment

Millennium Management stands out as a leading investor in Bitcoin ETFs, particularly due to its substantial investments in BlackRock and Fidelity. With investments surpassing $844 million and $800 million in these two companies respectively, Millennium’s holdings have earned them the esteemed title of “king” among Bitcoin ETF holders, as highlighted by Bloomberg ETF analyst Eric Balchunas. Balchunas further emphasized that Millennium’s exposure to the ETF market far exceeds that of the average new ETF investor, with an astonishing difference of 200 times.