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Investment Firm Discloses Over $1.8 Billion in Bitcoin ETF Holdings in SEC Filing

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Investment Firm Discloses Over $1.8 Billion in Bitcoin ETF Holdings in SEC Filing
Google News Recentlyheard

Google News Recentlyheard

Susquehanna Worldwide Group, LLP (SIG), a world buying and selling, know-how, and funding agency, disclosed that it holds over $1.8 billion in Bitcoin exchange-traded funds (ETFs) via a 13F-HR submitting submitted to the Securities and Trade Fee (SEC), offering an in depth breakdown of SIG’s funding portfolio.

The submitting reveals the funding companies largest positions had been in Grayscales Bitcoin ETF GBTC, totaling $1,091,029,663.

The paperwork additionally 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 X BITCOIN TREND, INVESCO GALAXY BITCOIN ETF, ISHARES 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 overall mixed quantity of belongings throughout all these ETFs add as much as over $1.8 billion on the time of writing.

Apparently sufficient, the funding agency noticeably holds $4,037,637 price of ProShares brief bitcoin ETF, which goals to gives traders the potential to revenue on days when BTC drops in worth. Along with this, SIG additionally holds $1,004,552 price of Valkyrie Bitcoin Futures Leveraged Technique ETF and $97,856,513 price of Volatility Shares 2x Bitcoin ETF, to revenue even additional on days when the value of BTC is rising.

Bitcoin ETFs provide establishments a regulated and accessible approach to achieve publicity to Bitcoin’s worth actions, however offers up the power for traders to straight maintain the bitcoin themselves.

Click on the picture to study extra about self custodying your bitcoin.

SIG’s disclosure of holding over $1.8 billion in Bitcoin ETFs displays the rising development of institutional adoption and funding in Bitcoin as a part of a diversified funding technique. Market researchers and analysts count on extra establishments to file these 13F-HR paperwork with the SEC within the coming months, revealing particularly who has been buying spot Bitcoin ETFs since they went dwell earlier this 12 months in January.

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