Brevan Howard became the largest institutional shareholder of BlackRock’s Ishares Bitcoin Trust (Ibit) By increasing the possession by 71% between the first and second quarter of 2025.
By one submit With the US Securities and Exchange Commission (SEC) of its last 13F form, the hedge fund now has around 37.5 million IBIT shares with a value of approximately $ 2.3 billion from 30 June, an increase of 21.9 million shares in the first quarter.
Moreover, Brevan Howard has called $ 25 million to Bitcoin called by 400,000 IBIT shares. The company company based in London grew from both the share increase and the price rating of Bitcoin (BTC) during the period.
Bitcoin rose from March from $ 82,511.47 to a closure of $ 107,168.23 in June. This price movement strengthened the value of the extensive position of Brevan Howard.
Brevan Howard was previously ranked as the second largest IBIT investor, at the back of Goldman Sachs, who had more than $ 1.4 billion in IBIT shares from March.
The accumulation in the second quarter Brevan Howard climbed past Goldman Sachs for the Top position under institutional holders.
The Hedgefonds also added exposure to BlackRock’s Ishares Ethereum Trust (Etha) In the last quarter.
Crypto dive
Brevan Howard formed BH Digital in September 2021 to offer exposure to digital assets about investments and business activities in public and private markets.
The dedicated crypto division has delivered strong performance, with BH Digital that returns 34.5% in the first quarter of 2024, while manages around $ 1.7 billion in assets.
Brevan Howard raised more than $ 1 billion for his flagship Crypto vehicle, which represents the largest launch of Crypto Hedgefonds ever.
The double approach of the company combines direct crypto investments via BH Digital with Exchange-Traded Funds (ETFs) holdings in traditional portfolios.
Since its launch in January 2024, IBIT has drawn considerably institutional importance, with more than $ 91 billion in assets, according to Bold Report facts.
In addition, Fines Side Investors’ facts Since its launch, IBIT revealed $ 58.5 billion in positive net streams, which means that the second largest place Bitcoin ETF dwared almost five times.
The accumulation of Bitcoin ETF from Brevan Howard reflects a broader institutional acceptance of crypto by regulated investment products.
The substantial IBIT position of the company shows how traditional asset managers include digital assets in institutional portfolios while maintaining operational efficiency via ETF structures.
