Millennium Management, an international hedge fund, disclosed holding approximately $1.94 billion in spot Bitcoin ETFs across five major funds as of the end of Q1, per its SEC filing. The positions are diversified among ARKB, BITB, GBTC, IBIT, and FBTC, with the largest shares in BlackRock and Fidelity’s funds. This revelation underscores the increasing institutional interest in crypto investments, highlighting Millennium’s dominant position in the market.