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Bitwise Bitcoin ETF
BITB

143 hedge funds and large institutions have $483M invested in Bitwise Bitcoin ETF in 2024 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 56 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

355% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 11

300% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 14

36% more funds holding

Funds holding: 105 → 143 (+38)

12% more capital invested

Capital invested by funds: $432M → $483M (+$51.6M)

1.58% more ownership

Funds ownership: 19.96% → 21.54% (+1.6%)

20% less funds holding in top 10

Funds holding in top 10: 10 → 8 (-2)

Holders
143
Holders Change
+38
Holders Change %
+36.19%
% of All Funds
2.07%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.12%
New
50
Increased
56
Reduced
14
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$47.8M
2
Millennium Management
Millennium Management
New York
+$29.4M
3
HHGC
Hunting Hill Global Capital
New York
+$20M
4
SSA
Schonfeld Strategic Advisors
New York
+$18.2M
5
Goldman Sachs
Goldman Sachs
New York
+$9.08M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$33.6M
2
EC
Elequin Capital
New York
-$13.1M
3
SW
SVB Wealth
Massachusetts
-$3.79M
4
Citadel Advisors
Citadel Advisors
Florida
-$2.4M
5
OMC
Old Mission Capital
Illinois
-$1.36M
Name Holding Trade Value Shares
Change 		Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$2.59M +$433K +12,125 +18%
PNC Financial Services Group
27
PNC Financial Services Group
Pennsylvania
$2.55M +$2.75M +76,905 +7,452%
VWA
28
Visionary Wealth Advisors
Illinois
$2.48M +$495K +13,841 +22%
Citadel Advisors
29
Citadel Advisors
Florida
$2.39M -$2.4M -67,196 -48%
Betterment LLC
30
Betterment LLC
New York
$2.37M -$155K -4,340 -6%
SIA
31
Soltis Investment Advisors
Utah
$2.25M +$2.46M +68,767 New
GC
32
Guggenheim Capital
Illinois
$2.22M +$2.43M +67,915 New
HWP
33
Highline Wealth Partners
California
$2.08M +$74.6K +2,087 +3%
Renaissance Technologies
34
Renaissance Technologies
New York
$2.03M +$1.27M +35,500 +134%
FTUS
35
Flow Traders U.S.
New York
$1.79M +$1.23M +34,342 +167%
Envestnet Asset Management
36
Envestnet Asset Management
Illinois
$1.75M +$105K +2,943 +6%
TC
37
TAP Consulting
Missouri
$1.68M +$830K +23,217 +82%
EFG
38
Embree Financial Group
Illinois
$1.55M +$249K +6,955 +17%
CCFM
39
Clear Creek Financial Management
Washington
$1.51M +$678K +18,957 +70%
Creative Planning
40
Creative Planning
Kansas
$1.3M +$45.5K +1,274 +3%
TWM
41
TMD Wealth Management
Arizona
$1.19M +$4.68K +131 +0.4%
SAM
42
Silvercrest Asset Management
New York
$1.09M +$256K +7,150 +27%
VT
43
Vise Technologies
New York
$1.06M +$757K +21,190 +187%
HighTower Advisors
44
HighTower Advisors
Illinois
$1.05M +$235K +6,580 +26%
SWP
45
Summit Wealth Partners
Florida
$1.02M +$1.11M +31,060 New
CA
46
Claro Advisors
Massachusetts
$991K +$131K +3,675 +14%
AI
47
Atria Investments
North Carolina
$932K -$188K -5,271 -16%
Wealth Enhancement Advisory Services
48
Wealth Enhancement Advisory Services
Minnesota
$928K +$3.57K +100 +0.4%
BWA
49
Beam Wealth Advisors
Louisiana
$902K +$986K +27,593 New
Bank of America
50
Bank of America
North Carolina
$848K – – –
1
2
3 4 5

BITB Hedge Fund Activity: Q2 2024 in Review

143 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Bitwise Bitcoin ETF (BITB) for Q2 2024, worth a combined $483M — up 12% from $432M a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new BITB positions and 11 closed out — a net gain of 39 holders — while 56 added to existing stakes and 14 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $47.8M. The largest seller was Jane Street, cutting an estimated $33.6M.

  • 143 institutional investors held Bitwise Bitcoin ETF (BITB) as of Q2 2024, up from 105 in Q1 2024.
  • Funds reported $483M of Bitwise Bitcoin ETF stock for Q2 2024, up 12% quarter-over-quarter.
  • 50 funds opened new Bitwise Bitcoin ETF positions in Q2 2024 and 11 closed out, a net change of +39 holders.
  • The largest Bitwise Bitcoin ETF buyer in Q2 2024 was Susquehanna International Group, an estimated $47.8M added.
  • The largest Bitwise Bitcoin ETF seller in Q2 2024 was Jane Street, an estimated $33.6M sold.

Based on aggregated 13F filings for Q2 2024.