TechFlow reported, according to documents filed with the U.S. Securities and Exchange Commission (SEC), Capula Management, Europe's fourth-largest investment management firm, holds nearly $500 million in spot Bitcoin ETFs. Specifically, Capula holds $211 million in Fidelity's spot Bitcoin ETF (FBTC) and $253 million in BlackRock's spot Bitcoin ETF (IBIT), totaling $464 million.
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