Susquehanna International Group, LLP (SIG), a global trading, technology and investment firm, disclosed that it owns more than $1.8 billion worth of Bitcoin exchange-traded funds (ETFs) through a 13F-HR filing with the Securities and Exchange Commission (SEC). ), provides a detailed analysis of SIG's investment portfolio.
Deposit reveal The investment companies' largest positions were in the Grayscales Bitcoin ETF GBTC, totaling $1,091,029,663.
The documents also revealed 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 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, VANIC BITCOIN TR , VOLATILITY SHS TR 2X BITCOIN STRAT and WISDOMTREE BITCOIN FD.
The total amount of assets across all of these ETFs comes to more than $1.8 billion at the time of writing.
Interestingly, the investment firm notably owns $4,037,637 worth of the ProShares Short Bitcoin ETF, which aims to provide investors with the possibility of profiting on days when the price of BTC declines. In addition, SIG also holds $1,004,552 worth of Valkyrie Bitcoin Futures Leveraged Strategy ETF and $97,856,513 worth of Volatility Shares 2x Bitcoin ETF, for larger profits on days when the BTC price rises.
Bitcoin ETFs provide institutions with a structured and accessible way to learn about Bitcoin price movements, but they give up the ability for investors to directly hold Bitcoin themselves.
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 these 13F-HR documents with the SEC in the coming months, revealing specifically who has purchased Bitcoin ETFs since their launch earlier this year in January.