Investment firm discloses more than $1.8 billion worth of Bitcoin ETF holdings in SEC filing

Susquehanna International Group, LLP (SIG), a global trading, technology and investment firm, holds more than $1.8 billion in Bitcoin exchange-traded funds (ETFs), according to a 13F-HR filing with the Securities and Exchange Commission (SEC). It was revealed. ), which provides a detailed analysis of SIG’s investment portfolio.

According to the filing, the investment firm’s largest position was in the Grayscales Bitcoin ETF GBTC, totaling $1,091,029,663.

The document also states that SIG holds positions in ARK 21SHARES BITCOIN ETF, BITWISE BITCOIN ETF TR, BITWISE FUNDS TRUST (BITCOIN AND ETHER), FIDELITY WISE ORIGIN BITCOIN, FRANKLIN TEMPLETON DIGITAL BITCOIN ETF, GLOBAL It turns out that it does. BITCOIN TR, PROSHARES TR SHORT BITCOIN, PROSHARES TR BITCOIN STRATE, PROSHARES TR BITCOIN & ETHER, VALKYRIE BITCOIN FD, VALKYRIE ETF TRUST II BITCOIN AND ETHE, VALKYRIE ETF TRUST II BITCOIN miners, VALKYRIE ETF TRUST II BITCOIN FUTR LEV, VANECK BITCOIN TR , VOLATILITY SHS TR 2X BITCOIN STRAT and WISDOMTREE BITCOIN FD.

The total assets of all these ETFs are over $1.8 billion as of this writing.

Interestingly, the investment firm holds $4,037,637 worth of the ProShares short-term Bitcoin ​​ETF, which aims to offer investors the potential to profit on days when BTC prices fall. In addition to this, SIG also holds the Valkyrie Bitcoin Futures Leveraged Strategy ETF worth $1,004,552 and the Volatility Shares 2x Bitcoin ETF worth $97,856,513, allowing it to profit even more on days when the BTC price rises.

Bitcoin ETFs provide institutions with a regulated and accessible way to gain exposure to Bitcoin’s price movements, but give up the ability for investors to hold Bitcoin directly.

SIG’s disclosure that it holds over $1.8 billion in Bitcoin ETFs reflects the growing trend of institutional adoption and investment in Bitcoin as part of a diversified investment strategy. Market researchers and analysts expect more institutions to file 13F-HR documents with the SEC in the coming months, with fewer people purchasing spot Bitcoin ETFs since their launch in early January of this year. We will find out specifically who it is.