Nicholas Bitcoin Tail ETF
BHDG
1 hedge funds and large institutions have $21.6M invested in Nicholas Bitcoin Tail ETF in 2026 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, reducing their positions, and 2 closing their positions.
94% more capital invested
Capital invested by funds: $11.1M → $21.6M (+$10.5M)
48.77% more ownership
Funds ownership: 50.91% → 99.68% (+49%)
67% less funds holding
Funds holding: 3 → 1 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.96M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$636K |
BHDG Hedge Fund Activity: Q2 2026 in Review
1 of the 8,330 institutional investors tracked by Wall St. Rank reported a position in Nicholas Bitcoin Tail ETF (BHDG) for Q2 2026, worth a combined $21.6M — up 94% from $11.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BHDG and 0 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Tidal Investments, adding an estimated $12.3M. The largest seller was Jane Street, exiting entirely with an estimated $1.96M sold.
- 1 institutional investor held Nicholas Bitcoin Tail ETF (BHDG) as of Q2 2026, down from 3 in Q1 2026.
- Funds reported $21.6M of Nicholas Bitcoin Tail ETF stock for Q2 2026, up 94% quarter-over-quarter.
- 0 funds opened new Nicholas Bitcoin Tail ETF positions in Q2 2026 and 2 closed out, a net change of -2 holders.
- The largest Nicholas Bitcoin Tail ETF buyer in Q2 2026 was Tidal Investments, an estimated $12.3M added.
- The largest Nicholas Bitcoin Tail ETF seller in Q2 2026 was Jane Street, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2026.