Bracebridge Capital holds a Bitcoin spot ETF worth $371 million, making it the top holder of IBIT and ARKB

Top hedge fund management company Bracebridge Capital announced its Q1 13F holdings report, which includes multiple Bitcoin spot ETF positions: 2,486,750 shares of iShares Bitcoin Trust (IBIT), valued at $86 million, making it the largest holder of IBIT; 4,327,380 shares of ARK 21Shares Bitcoin ETF (ARKB), valued at $262 million and is the largest holder of ARKB; 419,910 shares of Grayscale Bitcoin Trust (BTC) (GBTC), valued at $22.67 million and is the fifth-largest holder of GBTC.