Global X Blockchain & Bitcoin Strategy ETF
BITS
10 hedge funds and large institutions have $3.62M invested in Global X Blockchain & Bitcoin Strategy ETF in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
54% more capital invested
Capital invested by funds: $2.34M → $3.62M (+$1.28M)
5.71% more ownership
Funds ownership: 9.26% → 14.97% (+5.7%)
0% more funds holding
Funds holding: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
99% less call options, than puts
Call options by funds: $46K | Put options by funds: $4.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Torno Capital
Cohasset,
Massachusetts
|
+$2.53M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$391K |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
+$32K |
| 4 |
TSMHT
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
|
+$2.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$961K |
| 2 |
Jane Street
New York
|
-$679K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$32K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
1
Torno Capital
Cohasset,
Massachusetts
| $2.55M | +$2.53M | +39,000 | New |
|
|
2
Jane Street
New York
| $397K | -$679K | -10,448 | -63% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $394K | +$391K | +6,024 | New |
|
|
4
Belvedere Trading
Chicago,
Illinois
| $252K | +$32K | +493 | +15% |
|
|
TSMHT
5
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
| $26.8K | +$2.92K | +45 | +12% |
|
|
FP
6
Financial Perspectives
Minneapolis,
Minnesota
| $1.2K | – | – | – |
|
7
UBS Group
Zurich,
Switzerland
| $458 | – | – | – |
|
8
Bank of America
Charlotte,
North Carolina
| $131 | – | – | – |
|
|
CIAS
9
Capital Investment Advisory Services
Raleigh,
North Carolina
| $131 | – | – | – |
|
10
Morgan Stanley
New York
| $118 | – | – | – |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$961K | -14,406 | Closed |
|
|
12
Simplex Trading
Chicago,
Illinois
| – | -$32K | -491 | Closed |
|
BITS Hedge Fund Activity: Q3 2024 in Review
10 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Global X Blockchain & Bitcoin Strategy ETF (BITS) for Q3 2024, worth a combined $3.62M — up 54% from $2.34M a quarter earlier.
Fund positioning in BITS was balanced in Q3 2024: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 1 trimmed.
The largest buyer was Torno Capital, opening a new position worth an estimated $2.53M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $961K sold.
- 10 institutional investors held Global X Blockchain & Bitcoin Strategy ETF (BITS) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $3.62M of Global X Blockchain & Bitcoin Strategy ETF stock for Q3 2024, up 54% quarter-over-quarter.
- 2 funds opened new Global X Blockchain & Bitcoin Strategy ETF positions in Q3 2024 and 2 closed out, a net change of 0 holders.
- The largest Global X Blockchain & Bitcoin Strategy ETF buyer in Q3 2024 was Torno Capital, an estimated $2.53M added.
- The largest Global X Blockchain & Bitcoin Strategy ETF seller in Q3 2024 was Susquehanna International Group, an estimated $961K sold.
Based on aggregated 13F filings for Q3 2024.