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Susquehanna International Group disclosed $1.3 cardinal of investments successful spot Bitcoin ETFs successful a May 7 13F filing.
The institution reported holding 17.3 cardinal shares of Grayscale’s GBTC across 3 abstracted investments for a combined concern of $1.1 billion.
Susquehanna additionally purchased 1.3 cardinal shares of Fidelity’s FBTC worthy $83.7 million, 583,049 shares of BlackRock’s IBIT worthy $23.6 million, 560,832 shares of Bitwise’s BITB worthy $21.7 million, and 508,824 shares of Ark 21Shares’s ARKB worthy $36.1 million.
The institution purchased 256,354 shares of VanEck’s HODL worthy $20.6 million, 255,814 shares of WisdomTree’s BTCW worthy $19.3 million, 166,200 shares of Invesco’s BTCO worthy $11.8 million, and 192,391 shares of Valkyrie’s BRRR worthy $3.9 million.
The combined investments correspond a tiny information of the full $575.9 cardinal investments the institution reported successful its latest 13F.
Susquehanna’s purchases see investments successful 9 of the 10 spot Bitcoin ETFs presently connected the market. Franklin Templeton’s fund, EZBC, is absent from the company’s latest filing.
Growing organization investment
Susquehanna International Group is 1 of the largest companies to put successful spot Bitcoin ETFs today. The steadfast describes itself arsenic 1 of the largest proprietary trading firms globally, and estimates suggest it has $481 cardinal of assets nether absorption (AUM).
The investments are besides portion of broader organization involvement successful spot Bitcoin ETFs during the funds’ archetypal respective months of availability.
Hightower Advisors and SouthState Bank, BNP Paribas, and Burkett Financial Services person reported akin spot Bitcoin ETF investments successful their 13F filings. Legacy Wealth Asset Management and various different firms person besides reported investments.
Members of BlackRock and Bitwise person predicted continued organization concern successful spot Bitcoin ETFs, a inclination supported by the latest disclosures.
This quarter’s 13F filings disclose lone purchases made earlier March 31, meaning that much caller purchases whitethorn stay undisclosed.
Spot Bitcoin ETFs had a combined $52 cardinal of assets nether absorption arsenic of May 7, with $11.7 cardinal of inflows arsenic of May 6.
The station Susquehanna discloses $1.3 cardinal successful spot Bitcoin ETF investments appeared archetypal connected CryptoSlate.
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