Invesco Galaxy Bitcoin ETF
BTCO
39 hedge funds and large institutions have $110M invested in Invesco Galaxy Bitcoin ETF in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 1 closing their positions.
1,900% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 1
228% more capital invested
Capital invested by funds: $33.4M → $110M (+$76.2M)
95% more funds holding
Funds holding: 20 → 39 (+19)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
17.87% more ownership
Funds ownership: 8.71% → 26.57% (+18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$61.7M |
| 2 |
Jane Street
New York
|
+$8.07M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.89M |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$4.91M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$1.1M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$518K |
| 3 |
Renaissance Technologies
New York
|
-$452K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$425K |
| 5 |
FSA
Financial Security Advisor
Virginia Beach,
Virginia
|
-$207K |
BTCO Hedge Fund Activity: Q2 2024 in Review
39 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco Galaxy Bitcoin ETF (BTCO) for Q2 2024, worth a combined $110M — up 228% from $33.4M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BTCO positions and 1 closed out — a net gain of 19 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $61.7M. The largest seller was Financial Management Professionals, cutting an estimated $1.1M.
- 39 institutional investors held Invesco Galaxy Bitcoin ETF (BTCO) as of Q2 2024, up from 20 in Q1 2024.
- Funds reported $110M of Invesco Galaxy Bitcoin ETF stock for Q2 2024, up 228% quarter-over-quarter.
- 20 funds opened new Invesco Galaxy Bitcoin ETF positions in Q2 2024 and 1 closed out, a net change of +19 holders.
- The largest Invesco Galaxy Bitcoin ETF buyer in Q2 2024 was Goldman Sachs, an estimated $61.7M added.
- The largest Invesco Galaxy Bitcoin ETF seller in Q2 2024 was Financial Management Professionals, an estimated $1.1M sold.
Based on aggregated 13F filings for Q2 2024.