Bitwise Crypto Industry Innovators ETF
BITQ
98 hedge funds and large institutions have $189M invested in Bitwise Crypto Industry Innovators ETF in 2025 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 32 increasing their positions, 16 reducing their positions, and 14 closing their positions.
156% more capital invested
Capital invested by funds: $73.8M → $189M (+$115M)
100% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 14
100% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 16
17% more funds holding
Funds holding: 84 → 98 (+14)
9.88% more ownership
Funds ownership: 31.3% → 41.18% (+9.9%)
91% less call options, than puts
Call options by funds: $820K | Put options by funds: $8.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$67.4M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$3.47M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.47M |
| 4 |
LI
LRI Investments
Palm Beach Gardens,
Florida
|
+$2.26M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.05M |
| 3 |
JP Morgan Chase
New York
|
-$438K |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$372K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$322K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Corient Private Wealth
Miami,
Florida
| – | -$235K | -11,900 | Closed |
|
|
WAP
102
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$231K | -11,725 | Closed |
|
103
Belvedere Trading
Chicago,
Illinois
| – | -$220K | -11,131 | Closed |
|
|
HI
104
Harbour Investments
Madison,
Wisconsin
| – | -$103K | -5,201 | Closed |
|
105
Raymond James Financial
St Petersburg,
Florida
| – | -$73.1K | -3,708 | Closed |
|
|
CPG
106
Cornerstone Planning Group
Fairfield,
New Jersey
| – | -$19.4K | -1,009 | Closed |
|
107
Group One Trading
Chicago,
Illinois
| – | -$16.7K | -849 | Closed |
|
|
GWP
108
Gen-Wealth Partners
Zeeland,
Michigan
| – | -$5.92K | -300 | Closed |
|
|
TSMHT
109
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
| – | -$4.93K | -250 | Closed |
|
|
AF
110
Allworth Financial
Folsom,
California
| – | -$3.13K | -158 | Closed |
|
|
LFG
111
Larson Financial Group
St Louis,
Missouri
| – | -$1.22K | -62 | Closed |
|
|
GK
112
Graney & King
Latham,
New York
| – | -$513 | -26 | Closed |
|
BITQ Hedge Fund Activity: Q3 2025 in Review
98 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Bitwise Crypto Industry Innovators ETF (BITQ) for Q3 2025, worth a combined $189M — up 156% from $73.8M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BITQ positions and 14 closed out — a net gain of 14 holders — while 32 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $67.4M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $3.6M sold.
- 98 institutional investors held Bitwise Crypto Industry Innovators ETF (BITQ) as of Q3 2025, up from 84 in Q2 2025.
- Funds reported $189M of Bitwise Crypto Industry Innovators ETF stock for Q3 2025, up 156% quarter-over-quarter.
- 28 funds opened new Bitwise Crypto Industry Innovators ETF positions in Q3 2025 and 14 closed out, a net change of +14 holders.
- The largest Bitwise Crypto Industry Innovators ETF buyer in Q3 2025 was Morgan Stanley, an estimated $67.4M added.
- The largest Bitwise Crypto Industry Innovators ETF seller in Q3 2025 was Envestnet Asset Management, an estimated $3.6M sold.
Based on aggregated 13F filings for Q3 2025.