Bracebridge Capital holds $371 million worth of spot Bitcoin ETFs and is the largest holder of IBIT and ARKB

Top hedge fund management company Bracebridge Capital released its 13F holdings report for the first quarter, which included holding positions in several physical Bitcoin ETFs: 2,486,750 shares of iShares Bitcoin Trust (IBIT), worth $86 million, making it the largest holder of IBIT; 4,327,380 shares of ARK 21Shares Bitcoin ETF (ARKB), worth $262 million, making it the largest holder of ARKB; 419,910 shares of Grayscale Bitcoin Trust (BTC) (GBTC), worth $22.67 million, making it the fifth largest holder of GBTC.