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2x Bitcoin ETF
BITX

35 hedge funds and large institutions have $84.9M invested in 2x Bitcoin ETF in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 8

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

13% more funds holding

Funds holding: 31 → 35 (+4)

12% more call options, than puts

Call options by funds: $102M | Put options by funds: $91.9M

9% more capital invested

Capital invested by funds: $78.1M → $84.9M (+$6.79M)

0.68% less ownership

Funds ownership: 5.95% → 5.27% (-0.68%)

Holders
35
Holders Change
+4
Holders Change %
+12.9%
% of All Funds
0.5%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
13
Reduced
8
Closed
7
Calls
$102M
Puts
$91.9M
Net Calls
+$10.6M
Net Calls Change
+$49.9M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$11.2M
2
Jane Street
Jane Street
New York
+$5.59M
3
KWA
Kingswood Wealth Advisors
California
+$1.64M
4
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
+$621K
5
TSS
Two Sigma Securities
New York
+$584K

Top Sellers

Rank Fund Capital Flow
1
VF
Virtu Financial
New York
-$2M
2
JF
Jump Financial
Illinois
-$1.56M
3
FTUS
Flow Traders U.S.
New York
-$1.11M
4
Wolverine Trading
Wolverine Trading
Illinois
-$606K
5
NA
NewEdge Advisors
Louisiana
-$397K
Name Holding Trade Value Shares
Change 		Change in
Stake
HT
26
Headlands Technologies
Illinois
$39.6K -$137K -4,642 -77%
CJ
27
Caitlin John
Michigan
$14.6K +$8.13K +275 New
SIS
28
Strategic Investment Solutions
Illinois
$14.2K +$14.8K +500 New
TRCT
29
Tower Research Capital (TRC)
New York
$5.53K +$5.74K +194 New
CIBC Private Wealth Group
30
CIBC Private Wealth Group
Georgia
$4.27K – – –
HCM
31
Hollencrest Capital Management
California
$285 -$37K -1,250 -99%
LIS
32
Legacy Investment Solutions
Idaho
$265 +$148 +5 New
LWMI
33
Legacy Wealth Management (Idaho)
Idaho
$265 +$148 +5 New
Morgan Stanley
34
Morgan Stanley
New York
$149 +$118 +4 +400%
Fidelity Investments
35
Fidelity Investments
Massachusetts
$57 -$6.74K -228 -99%
VF
36
Virtu Financial
New York
– -$2M -63,056 Closed
Qube Research & Technologies (QRT)
37
Qube Research & Technologies (QRT)
United Kingdom
– -$396K -12,492 Closed
SAM
38
Selway Asset Management
– -$317K -10,000 Closed
BRWA
39
B. Riley Wealth Advisors
Florida
– -$261K -8,226 Closed
ICP
40
Interchange Capital Partners
Pennsylvania
– -$130K -4,119 Closed
VF
41
VitalStone Financial
Texas
– -$114K -3,595 Closed
RWMG
42
Redwood Wealth Management Group
New Jersey
– -$108K -3,400 Closed
1
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BITX Hedge Fund Activity: Q3 2024 in Review

35 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in 2x Bitcoin ETF (BITX) for Q3 2024, worth a combined $84.9M — up 8.7% from $78.1M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new BITX positions and 7 closed out — a net gain of 4 holders — while 13 added to existing stakes and 8 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $11.2M. The largest seller was Virtu Financial, exiting entirely with an estimated $2M sold.

  • 35 institutional investors held 2x Bitcoin ETF (BITX) as of Q3 2024, up from 31 in Q2 2024.
  • Funds reported $84.9M of 2x Bitcoin ETF stock for Q3 2024, up 8.7% quarter-over-quarter.
  • 11 funds opened new 2x Bitcoin ETF positions in Q3 2024 and 7 closed out, a net change of +4 holders.
  • The largest 2x Bitcoin ETF buyer in Q3 2024 was Susquehanna International Group, an estimated $11.2M added.
  • The largest 2x Bitcoin ETF seller in Q3 2024 was Virtu Financial, an estimated $2M sold.

Based on aggregated 13F filings for Q3 2024.