Notably,
however,
Paul
Singer’s
Elliott
Management
–
which
disclosed
a
$12
million
stake
in
the
BlackRock’s
IBIT
at
the
end
of
the
first
quarter
–
had
totally
exited
that
position
by
this
latest
June
30
reporting
date.
Another
holder
of
interest
at
the
end
of
the
first
quarter
was
the
Wisconsin
Pension
Fund,
which
in
the
last
quarter
doubled
down
on
its
IBIT
position
as
it
purchased
an
additional
447,651
shares
of
the
fund.
It
also
got
rid
of
all
of
its
shares
of
Grayscale’s
Bitcoin
Trust
(GBTC)
which
were
worth
$63.7
million
at
the
end
of
March.
The
state
now
owns
2,898,051
shares
or
$98.9
million
as
of
the
end
of
June.