Galaxy Research Head Alex Thorn: Some Long-Term Funds Added Bitcoin ETFs in Q3, SIGFIG Clients Added $73 Million
Some long-term funds increased their Bitcoin ETF holdings in the third quarter, while SIGFIG Wealth Management clients added about $73 million in holdings, Galaxy research head Alex Thorn said.According to Odaily, 13F filings for Bitcoin ETFs remain at an early stage, and most large asset managers and registered investment advisers typically submit filings by the November 16 deadline.SIGFIG Wealth Management made its first related filing. A substantial share of its managed assets comes from retail client accounts at Wells Fargo, Citizens, Santander and UBS.