Wealth manager Choreo discloses first Bitcoin ETF holdings
Key Takeaways
- Choreo LLC reports its first-ever Bitcoin ETF holdings valued at around $6.5 million.
- The firm's largest position is in iShares Bitcoin Trust ETF, with significant allocations to GBTC, FBTC, and BTC.
Choreo, an independent wealth management firm with over $27 billion in assets under management, has officially entered the Bitcoin ETF rush, revealing around $6.5 million invested across multiple funds.
According to a Wednesday filing with the SEC, Choreo’s largest stake was in BlackRock’s iShares Bitcoin Trust ETF (IBIT), with 51,679 shares valued at over $3 million as of June 30.
The firm also held 22,976 shares of the Grayscale Bitcoin Trust ETF (GBTC), worth approximately $1.9 million, and 8,314 shares of the Grayscale Bitcoin Mini Trust ETF (BTC), valued at nearly $397,000.
Rounding out its Bitcoin exposure, Choreo owned 13,607 shares of the Fidelity Wise Origin Bitcoin ETF (FBTC), worth around $1.3 million, during the second quarter of this year.
The new disclosure places Choreo among a growing list of wealth managers and institutional investors adding Bitcoin ETFs to their portfolios.
Not just fund managers and pension funds, but university endowments are also wading into Bitcoin ETFs.
Harvard Management Company disclosed last week that it had bought about 1.9 million shares of BlackRock’s iShares Bitcoin ETF, worth more than $116 million, as of June 30. The position was the fifth largest in its $53 billion endowment, after Microsoft, Amazon, Booking Holdings, and Meta.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
How much CPO demand will Nvidia Rubin Ultra generate? Bernstein: Optical value per Pod will increase fivefold
Bernstein believes that the co-packaged optics (CPO) and fiber demand driven by Nvidia's Rubin Ultra architecture will surge significantly, with the optical content per Pod rising from $1 million to $5.4 million. This will propel the size of Nvidia's optical ecosystem market to $46.8 billion by 2028 (a 91% annual increase). Although the industry faces supply bottlenecks with InP substrates, the outlook remains positive. The institution reiterates its “outperform” rating for Lumentum, Coherent, and Ciena.
UBS Q3 implements a two-way strategy with gold options, heavily invests in technology stocks, and builds positions in SK Hynix (SKHY.US)
UBS Group (UBS.US) has submitted its Q3 holdings report (13F) as of September 30, 2026.
SpaceX (SPCX.US) reportedly attempts “de-Nvidiaization” at the rack level: developing Kessel cabinets to bypass L6 compute boards, purchasing only chips
SemiAnalysis: SpaceX has developed its own Kessel cabinet, bypassing Nvidia's L6 cards to provide more options for manufacturing its own hardware.
$3.7 billion “data center power equipment prepayments” abandoned! What did "the most active buyer of gas turbines", SoftBank, see?
In the second quarter of fiscal year 2026, SoftBank reported a net loss of $7.1 billion, primarily due to a $3.7 billion impairment charge from a $9.5 billion advance payment for power generation equipment for US data centers—of which about $2.9 billion was non-refundable and effectively lost. The CFO admitted that SoftBank placed orders before the project plan was finalized, and is now conducting a comprehensive review of its procurement strategy. "The most aggressive purchaser of gas turbines has now written off the deposit in this way."
Crypto prices
More
