2x Bitcoin ETF
BITX
35 hedge funds and large institutions have $20.5M invested in 2x Bitcoin ETF in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 31 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
1% less call options, than puts
Call options by funds: $77.8M | Put options by funds: $78.7M
2.14% less ownership
Funds ownership: 4.37% → 2.23% (-2.1%)
41% less funds holding
Funds holding: 59 → 35 (-24)
68% less capital invested
Capital invested by funds: $63.4M → $20.5M (-$42.9M)
71% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 31
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.39M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$3.6M |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$2.92M |
| 4 |
VF
Virtu Financial
New York
|
+$1.99M |
| 5 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
-$18.7M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
-$8.51M |
| 3 |
Renaissance Technologies
New York
|
-$6.21M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$2.24M |
| 5 |
Belvedere Trading
Chicago,
Illinois
|
-$1.43M |
BITX Hedge Fund Activity: Q1 2026 in Review
35 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in 2x Bitcoin ETF (BITX) for Q1 2026, worth a combined $20.5M — down 68% from $63.4M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of BITX and 9 opened new positions — a net loss of 22 holders — while 5 trimmed existing stakes and 16 added.
The largest buyer was Susquehanna International Group, adding an estimated $4.39M. The largest seller was DRW Securities, exiting entirely with an estimated $18.7M sold.
- 35 institutional investors held 2x Bitcoin ETF (BITX) as of Q1 2026, down from 59 in Q4 2025.
- Funds reported $20.5M of 2x Bitcoin ETF stock for Q1 2026, down 68% quarter-over-quarter.
- 9 funds opened new 2x Bitcoin ETF positions in Q1 2026 and 31 closed out, a net change of -22 holders.
- The largest 2x Bitcoin ETF buyer in Q1 2026 was Susquehanna International Group, an estimated $4.39M added.
- The largest 2x Bitcoin ETF seller in Q1 2026 was DRW Securities, an estimated $18.7M sold.
Based on aggregated 13F filings for Q1 2026.