Hightower Advisors, SouthState Bank disclose investments in spot Bitcoin ETFs
Hightower Advisors disclosed a $68 million investment in spot Bitcoin ETFs in a May 6 filing. The 13F filing indicates that the firm holds 709,956 shares of Grayscale’s GBTC worth $44.8 million, 200,084 shares of FBTC worth $12.4 million, 188,397 shares of BlackRock’s IBIT worth $7.6 million, and 23,964 shares of Ark Invest’s ARKB worth $1.7 million. It also disclosed two smaller investments: 25,449 shares of Bitwise’s BITB worth $988,000 and 19,129 shares of Franklin Templeton’s EZBC worth $788,000.
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