We are live on ! Find out more
BITO icon

ProShares Bitcoin Strategy ETF
BITO

175 hedge funds and large institutions have $241M invested in ProShares Bitcoin Strategy ETF in 2022 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 47 increasing their positions, 21 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 21

107% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 30

22% more funds holding

Funds holding: 144 → 175 (+31)

17.16% more ownership

Funds ownership: 22.06% → 39.22% (+17%)

16% less capital invested

Capital invested by funds: $288M → $241M (-$46.5M)

62% less call options, than puts

Call options by funds: $44.7M | Put options by funds: $116M

100% less funds holding in top 10

Funds holding in top 10: 2 → 0 (-2)

Holders
175
Holders Change
+31
Holders Change %
+21.53%
% of All Funds
2.95%
Holding in Top 10
–
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
–
New
62
Increased
47
Reduced
21
Closed
30
Calls
$44.7M
Puts
$116M
Net Calls
-$71.4M
Net Calls Change
+$40.1M

Top Buyers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
+$175M
2
AA
Acorns Advisers
California
+$25.7M
3
Barclays
Barclays
United Kingdom
+$14.8M
4
Renaissance Technologies
Renaissance Technologies
New York
+$8.77M
5
Simplex Trading
Simplex Trading
Illinois
+$8.08M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$38.9M
2
KC
KCL Capital
New York
-$14.3M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$12.3M
4
Citadel Advisors
Citadel Advisors
Florida
-$5.91M
5
FTUS
Flow Traders U.S.
New York
-$5.38M
Name Holding Trade Value Shares
Change 		Change in
Stake
HWA
126
Heritage Wealth Advisors
Virginia
$5K – – –
SSC
127
Syverson Strege & Co
Iowa
$5K +$7.83K +389 New
1IA
128
1834 Investment Advisors
Wisconsin
$4K – – –
HI
129
Harbour Investments
Wisconsin
$4K +$6.12K +304 New
Carson Wealth (CWM LLC)
130
Carson Wealth (CWM LLC)
Nebraska
$4K +$7.04K +350 New
VVP
131
Venture Visionary Partners
Ohio
$3.68K +$6.38K +317 New
BCWM
132
Bartlett & Co Wealth Management
Ohio
$3.37K +$805 +40 +16%
BCV
133
Banque Cantonale Vaudoise
Switzerland
$3K – – –
MSFP
134
Mark Sheptoff Financial Planning
Connecticut
$3K – – –
TWM
135
Tradition Wealth Management
Minnesota
$3K – – –
WWM
136
Wolff Wiese Magana
California
$3K – – –
BC
137
Bartlett & Co
Ohio
$3K +$805 +40 +16%
SPWM
138
Spartan Planning & Wealth Management
North Carolina
$3K +$5.23K +260 New
RIM
139
Rockbridge Investment Management
New York
$2.73K – – –
AWM
140
AllSquare Wealth Management
New York
$2K – – –
AIP
141
Ameritas Investment Partners
Nebraska
$2K – – –
ME
142
McIlrath & Eck
Washington
$2K – – –
HFA
143
HC Financial Advisors
California
$2K +$3.02K +150 New
Royal Bank of Canada
144
Royal Bank of Canada
Ontario, Canada
$1K -$4.83K -240 -84%
AIP
145
Ahrens Investment Partners
Louisiana
$1K – – –
CA
146
Clearstead Advisors
Ohio
$1K – – –
FWM
147
Focused Wealth Management
New York
$1K – – –
HIA
148
Harbor Investment Advisory
Maryland
$1K – – –
PAI
149
Pittenger & Anderson Inc
Nebraska
$1K – – –
PP
150
PrairieView Partners
Minnesota
$1K – – –
4 5
6
7 8

BITO Hedge Fund Activity: Q2 2022 in Review

175 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in ProShares Bitcoin Strategy ETF (BITO) for Q2 2022, worth a combined $241M — down 16% from $288M a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new BITO positions and 30 closed out — a net gain of 32 holders — while 47 added to existing stakes and 21 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $175M. The largest seller was Jane Street, cutting an estimated $38.9M.

  • 175 institutional investors held ProShares Bitcoin Strategy ETF (BITO) as of Q2 2022, up from 144 in Q1 2022.
  • Funds reported $241M of ProShares Bitcoin Strategy ETF stock for Q2 2022, down 16% quarter-over-quarter.
  • 62 funds opened new ProShares Bitcoin Strategy ETF positions in Q2 2022 and 30 closed out, a net change of +32 holders.
  • The largest ProShares Bitcoin Strategy ETF buyer in Q2 2022 was Goldman Sachs, an estimated $175M added.
  • The largest ProShares Bitcoin Strategy ETF seller in Q2 2022 was Jane Street, an estimated $38.9M sold.

Based on aggregated 13F filings for Q2 2022.