Bitwise Bitcoin Strategy Optimum Roll ETF
BITC
2 hedge funds and large institutions have $1.7M invested in Bitwise Bitcoin Strategy Optimum Roll ETF in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
7% less capital invested
Capital invested by funds: $1.83M → $1.7M (-$131K)
29.85% less ownership
Funds ownership: 42.29% → 12.44% (-30%)
67% less funds holding
Funds holding: 6 → 2 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$614K |
| 2 |
Jane Street
New York
|
-$400K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.96K |
| 4 |
AIC
Archer Investment Corporation
Carmel,
Indiana
|
-$333 |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$33 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
1
Flow Traders U.S.
New York
| $1.09M | -$614K | -14,625 | -42% |
|
|
2
MML Investors Services
Springfield,
Massachusetts
| $606K | +$122K | +2,913 | +36% |
|
|
3
Jane Street
New York
| – | -$400K | -12,008 | Closed |
|
|
4
Wells Fargo
San Francisco,
California
| – | -$4.96K | -149 | Closed |
|
|
AIC
5
Archer Investment Corporation
Carmel,
Indiana
| – | -$333 | -10 | Closed |
|
|
6
Fidelity Investments
Boston,
Massachusetts
| – | -$33 | -1 | Closed |
|
BITC Hedge Fund Activity: Q1 2024 in Review
2 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) for Q1 2024, worth a combined $1.7M — down 7.2% from $1.83M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BITC and 0 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was MML Investors Services, adding an estimated $122K. The largest seller was Flow Traders U.S., cutting an estimated $614K.
- 2 institutional investors held Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) as of Q1 2024, down from 6 in Q4 2023.
- Funds reported $1.7M of Bitwise Bitcoin Strategy Optimum Roll ETF stock for Q1 2024, down 7.2% quarter-over-quarter.
- 0 funds opened new Bitwise Bitcoin Strategy Optimum Roll ETF positions in Q1 2024 and 4 closed out, a net change of -4 holders.
- The largest Bitwise Bitcoin Strategy Optimum Roll ETF buyer in Q1 2024 was MML Investors Services, an estimated $122K added.
- The largest Bitwise Bitcoin Strategy Optimum Roll ETF seller in Q1 2024 was Flow Traders U.S., an estimated $614K sold.
Based on aggregated 13F filings for Q1 2024.