Key Notes
- The hedge fund submitted its Q2 Type 13F on the ultimate deadline day, revealing unexpectedly giant Bitcoin publicity via a number of IBIT entries.
- Bitcoin lately crashed from $124,500 all-time excessive to $116,800, triggering over $1 billion in market-wide liquidations earlier than recovering.
- BlackRock’s IBIT stays the most important Bitcoin ETF with $88 billion AUM, whereas institutional flows counsel potential altseason starting.
Brevan Howard, usually described as one of many largest “macro hedge funds” on the planet, disclosed a stake of $2.30 billion in BlackRock‘s iShares Bitcoin Belief ETF on August 15, reportedly accounting for over 20% of its portfolio. The disclosure comes whereas BTC tanks in value, retracing again to $117,000 after making a brand new all-time excessive above $124,500.
Notably, the multi-billion-dollar hedge fund waited till the final day to submit its 2025 Q2 Form 13F to the Securities and Change Fee (SEC) of the USA, containing the surprisingly excessive allocation in BlackRock’s Bitcoin ETF. Type 13F is a quarterly report for institutional funding managers that train funding discretion over $100 million and have to be introduced inside a most of 45 days after the tip of every calendar quarter—which ended on June 30.
The filings reveal three separate entries for the iShares Bitcoin Belief ETF (IBIT) totaling $2.26 billion, $32.86 million, and $24.48 million. Moreover, the paperwork present an $800,000 allocation within the iShares Ethereum Belief ETF (ETHA).
Brevan Howard SEC FORM 13F INFORMATION TABLE | Supply: SEC Archive
In response to a publish by LuxAlgo on X, this place represents 21.84% of Brevan Howard’s portfolio, adopted carefully by BlackRock Belief Fund II (IVVB), with 17.91%.
$20B Hedge Fund Brevan Howard has over 20% of their portfolio in spot Bitcoin ETFs.
Are you paying consideration? $BTC 👀 pic.twitter.com/H8wVNLcJPD
— LuxAlgo (@LuxAlgo) August 15, 2025
Bitcoin Value Evaluation and ETF Efficiency
As of this writing, Bitcoin
BTC
$117 758
24h volatility:
0.4%
Market cap:
$2.34 T
Vol. 24h:
$30.63 B
is buying and selling at $177,400, barely recovering after a crash right down to $116,800. This crash affected the whole crypto market, triggering over $1 billion in liquidations, as CoinSpeaker reported. Earlier than the current transfer down, BTC had reached a brand new all-time excessive in opposition to the greenback of $124,500.
Bitcoin (BTC) 1D Value Chart vs. US Greenback (USD) | Supply: TradingView
Curiously, BlackRock’s Bitcoin ETF, IBIT, is the most important institutional product for the main cryptocurrency, presently with over $88 billion AUM. BlackRock’s Ethereum ETF, ETHA, can be ETH’s largest ETF, with over $15 billion AUM.
Analysts have been speaking about alerts that an altseason has began within the cryptocurrency market, together with a large influx for Ethereum ETFs on August 11, registering over $1 billion against Bitcoin ETFs’ nearly $200 million, suggesting establishments might be rebalancing their portfolios.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm info by yourself and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material.
Vini Barbosa has lined the crypto trade professionally since 2020, summing as much as over 10,000 hours of analysis, writing, and modifying associated content material for media retailers and key trade gamers. Vini is an energetic commentator and a heavy person of the expertise, really believing in its revolutionary potential. Matters of curiosity embrace blockchain, open-source software program, decentralized finance, and real-world utility.
