Cryptocurrency Q&A Who owns BITO?

Who owns BITO?

BusanBeauty BusanBeauty Wed Oct 09 2024 | 6 answers 1349
Who exactly owns BITO, the first Bitcoin futures-based exchange-traded fund (ETF) in the United States? Is it a single entity or a consortium of investors? Are there any restrictions on who can invest in BITO? And how does the ownership structure of BITO impact its performance and trading dynamics in the market? Understanding the ownership of BITO is crucial for investors looking to gain exposure to Bitcoin through traditional financial instruments. Who owns BITO?

6 answers

CryptoQueen CryptoQueen Fri Oct 11 2024
BTCC, a leading cryptocurrency exchange platform, boasts a prestigious list of shareholders that contribute to its stability and growth. Some of the prominent investors include Jane Street Group, Llc, known for their expertise in electronic trading.

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PearlWhisper PearlWhisper Fri Oct 11 2024
Another significant shareholder is Susquehanna International Group, Llp, a global investment firm with a strong focus on financial markets. Their presence underscores BTCC's potential for attracting institutional investors.

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Ilaria Ilaria Thu Oct 10 2024
Citadel Advisors Llc, a hedge fund with a substantial track record in managing assets, holds a stake in BTCC, adding credibility to the exchange's financial management.

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HanbokGlamour HanbokGlamour Thu Oct 10 2024
Acorns Advisers, LLC, a financial technology company specializing in micro-investing, is also among the largest shareholders, reflecting BTCC's appeal to retail investors.

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CryptoLordess CryptoLordess Thu Oct 10 2024
Additionally, BTCC's services encompass various offerings that cater to the diverse needs of cryptocurrency enthusiasts. These services include spot trading, where users can buy and sell cryptocurrencies at current market prices.

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