Wealth Manager Choreo Discloses First Bitcoin ETF Holdings

LATEST: $27B Asset Manager Choreo Reveals First Bitcoin Purchase In Latest 13F Filing

Choreo, a leading independent wealth management firm overseeing more than $27 billion in assets, has stepped into the growing Bitcoin ETF market. A new SEC filing reveals the firm invested about $6.5 million across multiple Bitcoin-focused funds during the second quarter of 2024. Its largest position was in BlackRock’s iShares Bitcoin Trust ETF (IBIT), holding 51,679 shares valued at over $3 million as of June 30. Choreo also owned 22,976 shares…

Wealth manager Choreo discloses first Bitcoin ETF holdings

Choreo's Bitcoin ETF investment highlights the growing institutional acceptance of cryptocurrency, potentially influencing broader market dynamics. The post Wealth manager Choreo discloses first Bitcoin ETF holdings appeared first on Crypto Briefing.