BTC ranks #1288 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
BTC is a top-conviction position for Bullish — at 65.9% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in BTC belongs to Horizon Kinetics Asset Management LLC, but the position matters far more to Bullish, who has 65.9% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Morgan Stanley has added to its BTC position for two straight quarters, increasing it by $21.9M to reach $22.3M today.
Israel Englander has trimmed its BTC position for two straight quarters, cutting it by $116.0M while still holding $6.7M.
BTC is up 0.1% today, and institutions have been net buyers of $96.9M this quarter — today's price move and the underlying institutional flow are pointing the same direction.