2x Bitcoin ETF
BITX
47 hedge funds and large institutions have $230M invested in 2x Bitcoin ETF in 2024 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 12 closing their positions.
171% more capital invested
Capital invested by funds: $84.9M → $230M (+$145M)
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
34% more funds holding
Funds holding: 35 → 47 (+12)
30% more call options, than puts
Call options by funds: $437M | Put options by funds: $337M
2.01% more ownership
Funds ownership: 5.27% → 7.28% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$39.1M |
| 2 |
Jane Street
New York
|
+$19.7M |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
+$3.45M |
| 4 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
+$3.06M |
| 5 |
VF
Virtu Financial
New York
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.1M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$3.03M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$2.93M |
| 4 |
HWA
HHM Wealth Advisors
Chattanooga,
Tennessee
|
-$1.48M |
| 5 |
TSS
Two Sigma Securities
New York
|
-$587K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VWA
51
Visionary Wealth Advisors
O'fallon,
Illinois
| – | -$468K | -16,441 | Closed |
|
|
GL
52
Graypoint LLC
Albany,
New York
| – | -$386K | -13,537 | Closed |
|
|
IFG
53
Independent Financial Group
San Diego,
California
| – | -$312K | -10,944 | Closed |
|
|
IAN
54
Integrated Advisors Network
Dallas,
Texas
| – | -$242K | -8,499 | Closed |
|
|
GA
55
GSG Advisors
Mount Laurel,
New Jersey
| – | -$202K | -7,500 | Closed |
|
|
FIA
56
FNY Investment Advisers
New York
| – | -$170K | -3,700 | Closed |
|
|
SIS
57
Strategic Investment Solutions
Orland Park,
Illinois
| – | -$14.2K | -500 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$5.53K | -194 | Closed |
|
59
Morgan Stanley
New York
| – | -$149 | -5 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | -$57 | -2 | Closed |
|
BITX Hedge Fund Activity: Q4 2024 in Review
47 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in 2x Bitcoin ETF (BITX) for Q4 2024, worth a combined $230M — up 171% from $84.9M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BITX positions and 12 closed out — a net gain of 12 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $39.1M. The largest seller was Susquehanna International Group, cutting an estimated $11.1M.
- 47 institutional investors held 2x Bitcoin ETF (BITX) as of Q4 2024, up from 35 in Q3 2024.
- Funds reported $230M of 2x Bitcoin ETF stock for Q4 2024, up 171% quarter-over-quarter.
- 24 funds opened new 2x Bitcoin ETF positions in Q4 2024 and 12 closed out, a net change of +12 holders.
- The largest 2x Bitcoin ETF buyer in Q4 2024 was Citadel Advisors, an estimated $39.1M added.
- The largest 2x Bitcoin ETF seller in Q4 2024 was Susquehanna International Group, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2024.