We are live on ! Find out more
BITB icon

Bitwise Bitcoin ETF
BITB

234 hedge funds and large institutions have $1.22B invested in Bitwise Bitcoin ETF in 2024 Q4 according to their latest regulatory filings, with 95 funds opening new positions, 85 increasing their positions, 28 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

579% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 14

284% more call options, than puts

Call options by funds: $20.8M | Put options by funds: $5.42M

204% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 28

114% more funds holding in top 10

Funds holding in top 10: 7 → 15 (+8)

105% more capital invested

Capital invested by funds: $594M → $1.22B (+$625M)

51% more funds holding

Funds holding: 155 → 234 (+79)

8.45% more ownership

Funds ownership: 23.74% → 32.19% (+8.5%)

Holders
234
Holders Change
+79
Holders Change %
+50.97%
% of All Funds
3.08%
Holding in Top 10
15
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+114.29%
% of All Funds
0.2%
New
95
Increased
85
Reduced
28
Closed
14
Calls
$20.8M
Puts
$5.42M
Net Calls
+$15.4M
Net Calls Change
+$15.4M

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$48.2M
2
Millennium Management
Millennium Management
New York
+$34.9M
3
HHGC
Hunting Hill Global Capital
New York
+$27.6M
4
BFM
Boothbay Fund Management
New York
+$18.8M
5
QL
Quarry LP
New York
+$16.1M

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$170M
2
IMC Chicago
IMC Chicago
Illinois
-$29.2M
3
Goldman Sachs
Goldman Sachs
New York
-$22.5M
4
PRA
Pine Ridge Advisers
New York
-$19M
5
OCM
Ovata Capital Management
Hong Kong
-$3.57M
Name Holding Trade Value Shares
Change 		Change in
Stake
Carson Wealth (CWM LLC)
26
Carson Wealth (CWM LLC)
Nebraska
$7.21M +$5.39M +119,227 +529%
RWM
27
Refined Wealth Management
Utah
$6.89M +$222K +4,920 +4%
ACM
28
Advance Capital Management
Michigan
$6.51M +$1.35M +29,855 +30%
MCA
29
Magnolia Capital Advisors
Mississippi
$5.96M +$1.29M +28,452 +32%
FA
30
Fedenia Advisers
Wisconsin
$5.8M +$5.15M +113,980 New
Wealth Enhancement Advisory Services
31
Wealth Enhancement Advisory Services
Minnesota
$5.7M +$3.83M +84,746 +309%
KC
32
Kaleidoscope Capital
Massachusetts
$5.23M +$4.65M +102,912 New
VWA
33
Visionary Wealth Advisors
Illinois
$5.04M +$823K +18,202 +22%
KCM
34
Kedalion Capital Management
United Kingdom
$4.69M +$4.17M +92,318 New
Betterment LLC
35
Betterment LLC
New York
$4.65M +$700K +15,494 +20%
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$4.58M +$1.19M +26,232 +41%
BWA
37
Beam Wealth Advisors
Louisiana
$4.57M +$1.55M +34,307 +62%
GC
38
Guggenheim Capital
Illinois
$4.52M +$949K +21,000 +31%
First Trust Advisors
39
First Trust Advisors
Illinois
$4.07M +$3.62M +80,085 New
HWP
40
Highline Wealth Partners
California
$3.64M +$113K +2,501 +4%
PWM
41
Perigon Wealth Management
California
$3.06M +$439K +9,718 +21%
SG
42
StoneX Group
New York
$3.04M +$2.7M +59,705 New
IC
43
IEQ Capital
California
$2.91M +$1.03M +22,782 +66%
CA
44
Claro Advisors
Massachusetts
$2.9M +$1.15M +25,393 +80%
Creative Planning
45
Creative Planning
Kansas
$2.88M +$341K +7,536 +15%
EFG
46
Embree Financial Group
Illinois
$2.82M +$237K +5,254 +10%
TC
47
TAP Consulting
Missouri
$2.76M -$70.5K -1,560 -3%
GWMR
48
GC Wealth Management RIA
Massachusetts
$2.67M +$2.37M +52,528 New
UBS Group
49
UBS Group
Switzerland
$2.54M +$2.26M +49,900 New
KWM
50
Kingsview Wealth Management
Oregon
$2.44M +$1.75M +38,684 +418%
1
2
3 4 5

BITB Hedge Fund Activity: Q4 2024 in Review

234 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Bitwise Bitcoin ETF (BITB) for Q4 2024, worth a combined $1.22B — up 105% from $594M a quarter earlier.

Buyers outnumbered sellers: 95 funds opened new BITB positions and 14 closed out — a net gain of 81 holders — while 85 added to existing stakes and 28 trimmed.

The largest buyer was Jane Street, adding an estimated $48.2M. The largest seller was Susquehanna International Group, cutting an estimated $170M.

  • 234 institutional investors held Bitwise Bitcoin ETF (BITB) as of Q4 2024, up from 155 in Q3 2024.
  • Funds reported $1.22B of Bitwise Bitcoin ETF stock for Q4 2024, up 105% quarter-over-quarter.
  • 95 funds opened new Bitwise Bitcoin ETF positions in Q4 2024 and 14 closed out, a net change of +81 holders.
  • The largest Bitwise Bitcoin ETF buyer in Q4 2024 was Jane Street, an estimated $48.2M added.
  • The largest Bitwise Bitcoin ETF seller in Q4 2024 was Susquehanna International Group, an estimated $170M sold.

Based on aggregated 13F filings for Q4 2024.