Susquehanna International Group, LLP (SIG) has made a significant investment in Bitcoin exchange-traded funds (ETFs), with over $1.8 billion in holdings. The global trading, technology, and investment firm disclosed this information through a 13F-HR filing submitted to the Securities and Exchange Commission (SEC), providing a detailed breakdown of their investment portfolio.
The filing revealed that SIG’s largest position was in Grayscale’s Bitcoin ETF GBTC, totaling over $1 billion. Additionally, the firm holds positions in various other Bitcoin ETFs, totaling over $1.8 billion in assets. This includes investments in ARK 21SHARES BITCOIN ETF, BITWISE BITCOIN ETF TR, FIDELITY WISE ORIGIN BITCOIN, and many more.
Interestingly, SIG also holds positions in ProShares short bitcoin ETF, Valkyrie Bitcoin Futures Leveraged Strategy ETF, and Volatility Shares 2x Bitcoin ETF, allowing them to profit on both rising and falling Bitcoin prices.
This disclosure by SIG reflects the growing trend of institutional adoption and investment in Bitcoin. Market analysts expect more institutions to follow suit and disclose their Bitcoin ETF holdings in the coming months. Bitcoin ETFs offer institutions a regulated and accessible way to gain exposure to Bitcoin’s price movements, further solidifying Bitcoin’s place in diversified investment portfolios.
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