Millennium Management to hold $2 billion in Bitcoin ETF shares

Hedge Fund Millennium Management
Management has committed $2 billion (approximately $309.4 billion) to the Bitcoin ETF as of the first quarter.
According to a report on the 15th (local time), Millennium Management had invested 1.94 billion yen as of March 31st.
According to quarterly filings with the U.S. securities regulator, the market value of the shares in question is $1.2 billion, or about $3.2 billion, of the hedge fund's shares managed by the company.
However, Millennium Management is seeing a rise in bitcoin as institutional investors start to flock to cryptocurrency-based funds.
The media added that it is one of several investment firms that have accepted the asset ETF.