On November 19, according to The Block, the newly disclosed 13F document in the United States shows that institutional investors have adjusted their position strategies on bitcoin ETFs in the third quarter of 2024, indicating the further penetration of cryptoassets on Wall Street. BlackRock's iShares Bitcoin Trust (IBIT) remains the market leader, with nearly 700 institutional holders, 160.20 million shares and $42 billion in assets under management. Millennium Management increased its 12.60 million shares to 23.50 million, worth $848 million, while Capula added 1.10 million IBIT ($308 million) and FBTC ($288 million). At the same time, some institutions reduced their holdings or exited: Point72 liquidated IBIT and FBTC, Jane Street significantly reduced IBIT holdings, but still held ARKB, BITO and FBTC. Goldman Sachs increased its holdings of 5.77 million IBIT shares to 12.70 million shares ($710 million), becoming the second largest holder, while Morgan Stanley reduced its holdings of nearly 450,000 shares, reducing its total holdings to $183 million. Total Bitcoin ETF assets under management have now reached $92 billion. The analysis pointed out that as institutions reassess their stance on crypto assets, there may be more waves of structural allocation in the future. Bitcoin ETF options trading may be officially launched this week, further promoting market development.