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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
PPW
151
Pasadena Private Wealth
California
$294K +$261K +5,780 New
Simplex Trading
152
Simplex Trading
Illinois
$284K +$253K +5,589 New
Cerity Partners
153
Cerity Partners
New York
$279K +$248K +5,489 New
FWP
154
FAS Wealth Partners
Kansas
$275K +$245K +5,411 New
CSP
155
Cary Street Partners
Virginia
$275K +$244K +5,400 New
WA
156
Waverly Advisors
Alabama
$270K +$240K +5,300 New
AA
157
Apriem Advisors
California
$265K +$236K +5,218 New
FFP
158
Freedom Financial Partners
Minnesota
$261K +$232K +5,139 New
C1AG
159
Client 1st Advisory Group
Florida
$258K +$229K +5,072 New
Stifel Financial
160
Stifel Financial
Missouri
$252K +$224K +4,950 New
EG
161
Ellerson Group
Maryland
$247K +$219K +4,855 New
GC
162
Garde Capital
Washington
$245K -$147K -3,261 -40%
SW
163
Simplicity Wealth
New Jersey
$244K +$217K +4,799 New
PWC
164
PYA Waltman Capital
Tennessee
$240K +$213K +4,716 New
PCS
165
Personal CFO Solutions
New Jersey
$238K +$212K +4,684 New
FGC
166
Financial Gravity Companies
Texas
$237K -$54.6K -1,209 -21%
BCM
167
Beck Capital Management
Texas
$233K +$207K +4,586 New
WCM
168
Washburn Capital Management
Florida
$228K +$203K +4,490 New
RWM
169
Revisor Wealth Management
Ohio
$225K +$200K +4,420 New
EP
170
EPIQ Partners
Minnesota
$223K +$198K +4,389 New
AFG
171
Atomi Financial Group
New York
$222K +$197K +4,357 New
PCIA
172
Prime Capital Investment Advisors
Kansas
$221K +$196K +4,342 New
CF
173
Cantor Fitzgerald
New York
$220K +$196K +4,336 New
JCFM
174
JBR Co Financial Management
Oklahoma
$218K +$193K +4,281 New
SAMT
175
Select Asset Management & Trust
Pennsylvania
$213K +$189K +4,190 New
5 6
7
8 9

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.