Major financial institutions have recently disclosed their investments in spot Bitcoin exchange-traded funds (ETFs) through their latest SEC 13F filings. JPMorgan and Wells Fargo are among the prominent names on the list. Following the end of the first quarter, significant institutions and banks have revealed their investments in spot Bitcoin ETFs. Notably, industry leaders such as JP Morgan and Wells Fargo made their disclosures public on Friday.

Data shows that JPMorgan Chase, a banking behemoth, holds spot Bitcoin ETFs issued by BlackRock, Fidelity, Grayscale, Bitwise, iShares and ProShares. Wells Fargo, on the other hand, has chosen spot Bitcoin ETFs issued by ProShares and Bitcoin Depot. Susquehanna International Group, LLP (SIG), an investment and trading company, has invested $1.8 billion in these funds, with a primary allocation of $1.09 billion to Grayscale's GBTC. Furthermore, custodian banks such as BNY Mellon and BNP Paribas have also bought BTC ETFs. Hightower, US Bancorp, Edmond de Rothschild, Rubric Capital Management, SouthState and others are among the firms exposed to this asset.

In the US spot Bitcoin ETF market, the assets under management (AUM) of the eleven ETF issuers exceed $50 billion. These entities control over 4.2% of the circulating Bitcoin supply. According to ETF tracker SoSo Value, this market has seen a net inflow of over $11.68 billion. On Friday, a net outflow of $84.66 million was reported. Grayscale, the dominant player, controls nearly $17.6 billion of BTC under its GBTC, while BlackRock manages $16.7 billion under IBIT. Others, such as Ark, control $2.6 billion, VanEck with $575 million and Invesco with $415 million. Since January, BlackRock's IBIT has seen maximum inflows of over $16 billion.

Fidelity's FBTC has a second cumulative inflow of $8 billion, while Ark's ARKB and Bitwise's BITB stand at $2 billion. As of May 10, the total value of spot Bitcoin ETFs traded in the US markets was $2.05 billion. On Friday, outflows of over $84.6 million were reported. At the time of writing, Bitcoin (BTC) traded at $60,700 after a decline of % in the last 24 hours.