Global X Blockchain & Bitcoin Strategy ETF
BITS
10 hedge funds and large institutions have $3.55M invested in Global X Blockchain & Bitcoin Strategy ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
11% more funds holding
Funds holding: 9 → 10 (+1)
6.41% less ownership
Funds ownership: 17.93% → 11.51% (-6.4%)
9% less capital invested
Capital invested by funds: $3.91M → $3.55M (-$353K)
31% less call options, than puts
Call options by funds: $96K | Put options by funds: $140K
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$677K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$320K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$23.6K |
| 4 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$117 |
| 5 |
FP
Financial Perspectives
Minneapolis,
Minnesota
|
+$117 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.86M |
| 2 |
Belvedere Trading
Chicago,
Illinois
|
-$303K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$210K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$59.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.75K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $1.95M | -$1.86M | -31,947 | -55% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.15M | +$677K | +11,615 | +286% |
|
|
3
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $403K | +$320K | +5,485 | New |
|
|
4
Citadel Advisors
Miami,
Florida
| $29.8K | +$23.6K | +405 | New |
|
|
5
Simplex Trading
Chicago,
Illinois
| $16K | -$59.6K | -1,022 | -82% |
|
|
FP
6
Financial Perspectives
Minneapolis,
Minnesota
| $1.34K | +$117 | +2 | +13% |
|
|
7
UBS Group
Zurich,
Switzerland
| $515 | -$1.75K | -30 | -81% |
|
8
Bank of America
Charlotte,
North Carolina
| $147 | – | – | – |
|
|
CIAS
9
Capital Investment Advisory Services
Raleigh,
North Carolina
| $147 | +$117 | +2 | New |
|
10
Morgan Stanley
New York
| $134 | -$58 | -1 | -50% |
|
|
11
Belvedere Trading
Chicago,
Illinois
| – | -$303K | -5,696 | Closed |
|
|
FTUS
12
Flow Traders U.S.
New York
| – | -$210K | -3,946 | Closed |
|
BITS Hedge Fund Activity: Q1 2024 in Review
10 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Global X Blockchain & Bitcoin Strategy ETF (BITS) for Q1 2024, worth a combined $3.55M — down 9% from $3.91M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BITS positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $677K. The largest seller was Jane Street, cutting an estimated $1.86M.
- 10 institutional investors held Global X Blockchain & Bitcoin Strategy ETF (BITS) as of Q1 2024, up from 9 in Q4 2023.
- Funds reported $3.55M of Global X Blockchain & Bitcoin Strategy ETF stock for Q1 2024, down 9% quarter-over-quarter.
- 3 funds opened new Global X Blockchain & Bitcoin Strategy ETF positions in Q1 2024 and 2 closed out, a net change of +1 holder.
- The largest Global X Blockchain & Bitcoin Strategy ETF buyer in Q1 2024 was Susquehanna International Group, an estimated $677K added.
- The largest Global X Blockchain & Bitcoin Strategy ETF seller in Q1 2024 was Jane Street, an estimated $1.86M sold.
Based on aggregated 13F filings for Q1 2024.