Bitcoin News

Story: Wall Street Doubles Down on Bitcoin as Institutional Inflows Surge

By Sakamoto Nashi

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Wall Street institutions are rapidly expanding their exposure to Bitcoin, with billions of dollars flowing into spot Bitcoin exchange-traded funds (ETFs) and crypto-linked…

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Macro hedge fund powerhouse Brevan Howard nearly doubled its holdings in BlackRock’s iShares Bitcoin Trust (IBIT), increasing its stake from 21.5 million shares in March to 37.

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Goldman Sachs also reported aggressive positioning, revealing a combined $3.3 billion in IBIT and Fidelity’s Wise Origin Bitcoin Trust (FBTC).

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Institutional adoption has not been limited to hedge funds and banks. U.S. universities, sovereign wealth funds, and investment firms are also entering the market.

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Abu Dhabi’s sovereign wealth fund Mubadala disclosed a $681 million IBIT position, while Wells Fargo nearly quadrupled its holdings to $160 million, up from just $26 million in…

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Cantor Fitzgerald expanded its exposure as well, adding more than $250 million to IBIT. The firm also built larger stakes in crypto-linked equities such as MicroStrategy (MSTR),…

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Trading giant Jane Street took an even more aggressive stance, disclosing a $1.46 billion position in IBIT.

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Spot Bitcoin ETFs, first approved in January 2025, have transformed institutional access to Bitcoin.

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For institutions that previously faced regulatory or operational hurdles in holding Bitcoin directly, ETFs represent a low-friction gateway.

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The growing inflows into IBIT and FBTC underscore the appetite for regulated Bitcoin investment vehicles, especially as market volatility continues to attract both hedging and…

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Overseas institutional players are also increasing their Bitcoin exposure, though often through indirect channels.

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This represents an 87% increase from the end of 2024 and nearly a 200% surge year-over-year.

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Despite the sharp rise, Bitcoin still makes up less than 0.05% of NBIM’s total portfolio, with the holdings worth approximately $841 million at a BTC market price of $117,502.

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The surge in institutional investment reflects a broader shift in perception of Bitcoin from speculative asset to a legitimate portfolio component.

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However, experts caution that these moves should not yet be seen as a wholesale strategic pivot.

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