Bitwise Crypto Industry Innovators ETF
BITQ
68 hedge funds and large institutions have $28.5M invested in Bitwise Crypto Industry Innovators ETF in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 8 closing their positions.
1,150% more call options, than puts
Call options by funds: $500K | Put options by funds: $40K
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
6.48% less ownership
Funds ownership: 27.88% → 21.4% (-6.5%)
7% less funds holding
Funds holding: 73 → 68 (-5)
27% less capital invested
Capital invested by funds: $39.2M → $28.5M (-$10.8M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$1.21M |
| 2 |
FCMT
Founders Capital Management (Texas)
Houston,
Texas
|
+$595K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$416K |
| 4 |
Citigroup
New York
|
+$394K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
-$12.4M |
| 2 |
Jane Street
New York
|
-$1.04M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$618K |
| 4 |
AR
Apeiron RIA
Dallas,
Texas
|
-$541K |
| 5 |
WRPWM
Werba Rubin Papier Wealth Management
San Jose,
California
|
-$256K |
BITQ Hedge Fund Activity: Q3 2024 in Review
68 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Bitwise Crypto Industry Innovators ETF (BITQ) for Q3 2024, worth a combined $28.5M — down 27% from $39.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BITQ and 3 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 26 added.
The largest buyer was Sanctuary Advisors, adding an estimated $1.21M. The largest seller was Main Management ETF Advisors, exiting entirely with an estimated $12.4M sold.
- 68 institutional investors held Bitwise Crypto Industry Innovators ETF (BITQ) as of Q3 2024, down from 73 in Q2 2024.
- Funds reported $28.5M of Bitwise Crypto Industry Innovators ETF stock for Q3 2024, down 27% quarter-over-quarter.
- 3 funds opened new Bitwise Crypto Industry Innovators ETF positions in Q3 2024 and 8 closed out, a net change of -5 holders.
- The largest Bitwise Crypto Industry Innovators ETF buyer in Q3 2024 was Sanctuary Advisors, an estimated $1.21M added.
- The largest Bitwise Crypto Industry Innovators ETF seller in Q3 2024 was Main Management ETF Advisors, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2024.