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Bitwise Crypto Industry Innovators ETF

54 hedge funds and large institutions have $14.8M invested in Bitwise Crypto Industry Innovators ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

421% more call options, than puts

Call options by funds: $511K | Put options by funds: $98K

2.37% less ownership

Funds ownership: 27.18%24.81% (-2.4%)

7% less funds holding

Funds holding: 5854 (-4)

18% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 17

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

68% less capital invested

Capital invested by funds: $45.7M → $14.8M (-$30.9M)

Holders
54
Holders Change
-4
Holders Change %
-6.9%
% of All Funds
0.86%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
14
Reduced
17
Closed
10
Calls
$511K
Puts
$98K
Net Calls
+$413K
Net Calls Change
+$97K

BITQ Hedge Fund Activity: Q1 2023 in Review

54 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Bitwise Crypto Industry Innovators ETF (BITQ) for Q1 2023, worth a combined $14.8M — down 68% from $45.7M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of BITQ and 7 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 14 added.

The largest buyer was Main Management ETF Advisors, adding an estimated $2.02M. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $36.7M sold.

  • 54 institutional investors held Bitwise Crypto Industry Innovators ETF (BITQ) as of Q1 2023, down from 58 in Q4 2022.
  • Funds reported $14.8M of Bitwise Crypto Industry Innovators ETF stock for Q1 2023, down 68% quarter-over-quarter.
  • 7 funds opened new Bitwise Crypto Industry Innovators ETF positions in Q1 2023 and 10 closed out, a net change of -3 holders.
  • The largest Bitwise Crypto Industry Innovators ETF buyer in Q1 2023 was Main Management ETF Advisors, an estimated $2.02M added.
  • The largest Bitwise Crypto Industry Innovators ETF seller in Q1 2023 was Arete Wealth Advisors, an estimated $36.7M sold.

Based on aggregated 13F filings for Q1 2023.