Global X Blockchain & Bitcoin Strategy ETF
BITS
10 hedge funds and large institutions have $2.34M invested in Global X Blockchain & Bitcoin Strategy ETF in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
2.26% less ownership
Funds ownership: 11.51% → 9.26% (-2.3%)
34% less capital invested
Capital invested by funds: $3.55M → $2.34M (-$1.21M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
97% less call options, than puts
Call options by funds: $120K | Put options by funds: $4.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Belvedere Trading
Chicago,
Illinois
|
+$222K |
| 2 |
TSMHT
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
|
+$24.2K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$17.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$662K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$403K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$84.5K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$29.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $1.1M | -$662K | -10,009 | -38% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $961K | -$84.5K | -1,277 | -8% |
|
|
3
Belvedere Trading
Chicago,
Illinois
| $224K | +$222K | +3,357 | New |
|
|
4
Simplex Trading
Chicago,
Illinois
| $32K | +$17.5K | +265 | +117% |
|
|
TSMHT
5
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
| $24.3K | +$24.2K | +365 | New |
|
|
FP
6
Financial Perspectives
Minneapolis,
Minnesota
| $1.22K | – | – | – |
|
7
UBS Group
Zurich,
Switzerland
| $467 | – | – | – |
|
8
Bank of America
Charlotte,
North Carolina
| $133 | – | – | – |
|
|
CIAS
9
Capital Investment Advisory Services
Raleigh,
North Carolina
| $133 | – | – | – |
|
10
Morgan Stanley
New York
| $91 | – | – | – |
|
|
11
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$403K | -5,485 | Closed |
|
|
12
Citadel Advisors
Miami,
Florida
| – | -$29.8K | -405 | Closed |
|
BITS Hedge Fund Activity: Q2 2024 in Review
10 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Global X Blockchain & Bitcoin Strategy ETF (BITS) for Q2 2024, worth a combined $2.34M — down 34% from $3.55M a quarter earlier.
Fund positioning in BITS was balanced in Q2 2024: 2 funds opened new positions, 2 closed out, 1 added to existing stakes and 2 trimmed.
The largest buyer was Belvedere Trading, opening a new position worth an estimated $222K. The largest seller was Jane Street, cutting an estimated $662K.
- 10 institutional investors held Global X Blockchain & Bitcoin Strategy ETF (BITS) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $2.34M of Global X Blockchain & Bitcoin Strategy ETF stock for Q2 2024, down 34% quarter-over-quarter.
- 2 funds opened new Global X Blockchain & Bitcoin Strategy ETF positions in Q2 2024 and 2 closed out, a net change of 0 holders.
- The largest Global X Blockchain & Bitcoin Strategy ETF buyer in Q2 2024 was Belvedere Trading, an estimated $222K added.
- The largest Global X Blockchain & Bitcoin Strategy ETF seller in Q2 2024 was Jane Street, an estimated $662K sold.
Based on aggregated 13F filings for Q2 2024.