💼 Choreo Company Reveals Its First Shares in Bitcoin ETF Funds
$BTC ✅ Key Points
Wealth management company Choreo LLC reveals its first investment in Bitcoin ETF funds with a total value of approximately $6.5 million.
The largest share was in the iShares Bitcoin Trust ETF from BlackRock, valued at over $3 million (51,679 shares).
The company also invested in:
Grayscale Bitcoin Trust ETF (GBTC): approximately $1.9 million (22,976 shares).
Grayscale Bitcoin Mini Trust ETF (BTC): approximately $397,000 (8,314 shares).
Fidelity Wise Origin Bitcoin ETF (FBTC): approximately $1.3 million (13,607 shares).
✅ Background on the Company
Choreo is an independent wealth management company managing over $27 billion.
This move places it among a growing list of fund managers and institutional investors integrating Bitcoin ETF funds into their portfolios.
✅ Academic Investors Enter the Market
Large university funds, such as Harvard Management Company, have also invested in Bitcoin funds, revealing the purchase of approximately 1.9 million shares of iShares Bitcoin ETF valued at over $116 million as of June 30, 2025, making it the fifth largest holding in its $53 billion fund after Microsoft, Amazon, Booking Holdings, and Meta.
#Bitcoin #ETF #CryptoInvesting
#Choreo