Jaffe Tilchin and 4 other firms reveal their spot Bitcoin ETF investments in Q1

PANews reported on May 17 that according to CryptoSlate, Jaffe Tilchin Investment Partners was one of several companies that disclosed its investment in spot Bitcoin ETFs on May 16. The Florida-based investment manager and insurance services advisor revealed that during the first quarter it invested $11.3 million in spot Bitcoin ETFs, including $9.8 million in BlackRock’s IBIT and $9.8 million in Grayscale’s GBTC $1.6 million was invested in the company.

Additionally, Nebraska-based investment advisor WealthPlan disclosed a $2.2 million investment in GBTC, while New Jersey-based investment advisor Skyview disclosed a $1.3 million investment in GBTC. Texas-based Comerica Bank reported that it invested a total of $647,000 across four funds, with $361,395 invested in GBTC, $225,013 in IBIT and $33,219 in Ark’s ARKB USD, with $28,051 invested in Fidelity’s FBTC.

Overall, nearly 1,000 companies have invested in the spot Bitcoin ETF since its launch in January.