2x Bitcoin ETF
BITX
15 hedge funds and large institutions have $12.6M invested in 2x Bitcoin ETF in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 0 closing their positions.
1,341% more capital invested
Capital invested by funds: $872K → $12.6M (+$11.7M)
200% more funds holding
Funds holding: 5 → 15 (+10)
100% more call options, than puts
Call options by funds: $11.9M | Put options by funds: $5.92M
4.38% more ownership
Funds ownership: 3.07% → 7.45% (+4.4%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.11M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$799K |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
+$701K |
| 4 |
GL
Graypoint LLC
Albany,
New York
|
+$461K |
| 5 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$449K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$31.1K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$7.02K |
BITX Hedge Fund Activity: Q4 2023 in Review
15 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in 2x Bitcoin ETF (BITX) for Q4 2023, worth a combined $12.6M — up 1,341% from $872K a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BITX positions and 0 closed out — a net gain of 10 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $6.11M. The largest seller was Susquehanna International Group, cutting an estimated $449K.
- 15 institutional investors held 2x Bitcoin ETF (BITX) as of Q4 2023, up from 5 in Q3 2023.
- Funds reported $12.6M of 2x Bitcoin ETF stock for Q4 2023, up 1,341% quarter-over-quarter.
- 10 funds opened new 2x Bitcoin ETF positions in Q4 2023 and 0 closed out, a net change of +10 holders.
- The largest 2x Bitcoin ETF buyer in Q4 2023 was Jane Street, an estimated $6.11M added.
- The largest 2x Bitcoin ETF seller in Q4 2023 was Susquehanna International Group, an estimated $449K sold.
Based on aggregated 13F filings for Q4 2023.