Bitwise Crypto Industry Innovators ETF
BITQ
98 hedge funds and large institutions have $170M invested in Bitwise Crypto Industry Innovators ETF in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 18 closing their positions.
56% more call options, than puts
Call options by funds: $853K | Put options by funds: $546K
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
6.63% more ownership
Funds ownership: 41.18% → 47.81% (+6.6%)
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
0% more funds holding
Funds holding: 98 → 98 (0)
10% less capital invested
Capital invested by funds: $189M → $170M (-$19.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.79M |
| 3 |
Citigroup
New York
|
+$3.04M |
| 4 |
Rockefeller Capital Management
New York
|
+$1.87M |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$980K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.86M |
| 2 |
OC
Oppenheimer & Co
New York
|
-$2.18M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$796K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$440K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$369K |
BITQ Hedge Fund Activity: Q4 2025 in Review
98 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Bitwise Crypto Industry Innovators ETF (BITQ) for Q4 2025, worth a combined $170M — down 10% from $189M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BITQ positions and 18 closed out — a net gain of 1 holder — while 32 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.6M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.86M sold.
- 98 institutional investors held Bitwise Crypto Industry Innovators ETF (BITQ) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $170M of Bitwise Crypto Industry Innovators ETF stock for Q4 2025, down 10% quarter-over-quarter.
- 19 funds opened new Bitwise Crypto Industry Innovators ETF positions in Q4 2025 and 18 closed out, a net change of +1 holder.
- The largest Bitwise Crypto Industry Innovators ETF buyer in Q4 2025 was Morgan Stanley, an estimated $14.6M added.
- The largest Bitwise Crypto Industry Innovators ETF seller in Q4 2025 was Citadel Advisors, an estimated $2.86M sold.
Based on aggregated 13F filings for Q4 2025.