{"content":"🔍 Choreo’s Bitcoin ETF Bet Revealed — What’s Next for BTC? Choreo said today that it had invested $6.5 million in spot Bitcoin (BTC) ETFs. The company controls $27 billion in assets, according government records. Choreo LLC has numerous Bitcoin ETFs, according to a recent SEC filing. The highest investment is 51,679 shares in BlackRock's iShares Bitcoin Trust ETF (IBIT), worth over $3 million as of June 30. The business has 22,976 Grayscale Bitcoin Trust ETF (GBTC) shares, worth $1.9 million at market prices. Additionally, it has 8,314 Grayscale Bitcoin Mini Trust ETF (BTC) shares worth roughly $400,000. Choreo also holds 13,607 Fidelity Wise Origin Bitcoin ETF (FBTC) shares worth $1.3 million. According to SoSoValue, BlackRock's IBIT leads total net assets with $89.11 billion. Spot Bitcoin ETFs netted almost $17 billion between April and July, a four-month streak. However, ETFs lost $321 million in August. Spot BTC ETF net assets now exceed $155 billion. This is 6.48 percent of BTC's market worth. In addition to wealth management businesses like Choreo, more educational institutions' endowment funds are investing in BTC ETFs. Harvard just reported a $117 million BlackRock IBIT ETF holding. Norway's public wealth fund grew indirect BTC exposure 192% year-over-year. Total fund exposure is 7,161 BTC. The fastest adoption of BTC-focused regulated financial products was BlackRock's IBIT ETF, which surpassed $70 billion in assets under management in under a year. Trump Media, a social media company, has increased its crypto ambitions since his November 2024 election triumph. The company applied for a third ETF to track five cryptocurrencies last month. #BTCBreaksATH #ETF $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/14/e18fc03449a04838b49174e5287e5528.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}