Four U.S. wealth management companies disclosed that GBTC holdings totaled more than 250,000 shares in the second quarter
The U.S. Securities and Exchange Commission (SEC) public documents show that four U.S. wealth management companies have disclosed the Grayscale Bitcoin Trust (GBTC) holdings as of the second quarter of 2021, which further proves that institutions are increasing the adoption of digital assets. .
The documents show that as of June 30, 2021, Clear Perspective Advisors, a wealth management company located in Illinois, directly holds 7,790 shares of GBTC;
Ancora Advisors, headquartered in Ohio, bought 13,945 shares of GBTC;
Boston Private Wealth, based in Boston, increased its holdings of 88,189 GBTC shares in March to 103,469 shares.
Ohio asset management company Parkwood increased its holdings to 125,000 shares from 93,000 shares at the end of March.
Large companies are looking for new and diversified ways to gain exposure to Bitcoin and other cryptocurrencies. On Friday, the technology giant Intel held 3,014 Coinbase shares in the second quarter. According to data from the BitTweet terminal, the total market value of crypto has returned to more than US$2 trillion, rising from the recent bottom by US$700 billion. With the recovery of bullish sentiment, more institutions may enter the crypto market in the next few months.
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/four-u-s-wealth-management-companies-disclosed-that-gbtc-holdings-totaled-more-than-250000-shares-in-the-second-quarter/
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