Invesco Galaxy Bitcoin ETF
BTCO
36 hedge funds and large institutions have $126M invested in Invesco Galaxy Bitcoin ETF in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 11 closing their positions.
15% more capital invested
Capital invested by funds: $110M → $126M (+$16.2M)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
2.14% less ownership
Funds ownership: 26.57% → 24.44% (-2.1%)
8% less funds holding
Funds holding: 39 → 36 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
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
|
+$20.1M |
| 2 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$6.71M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$2.01M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.01M |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$789K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.06M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$4.98M |
| 3 |
VF
Virtu Financial
New York
|
-$2.63M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.4M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.98M |
BTCO Hedge Fund Activity: Q3 2024 in Review
36 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Invesco Galaxy Bitcoin ETF (BTCO) for Q3 2024, worth a combined $126M — up 15% from $110M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BTCO and 8 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was Susquehanna International Group, adding an estimated $20.1M. The largest seller was Jane Street, cutting an estimated $8.06M.
- 36 institutional investors held Invesco Galaxy Bitcoin ETF (BTCO) as of Q3 2024, down from 39 in Q2 2024.
- Funds reported $126M of Invesco Galaxy Bitcoin ETF stock for Q3 2024, up 15% quarter-over-quarter.
- 8 funds opened new Invesco Galaxy Bitcoin ETF positions in Q3 2024 and 11 closed out, a net change of -3 holders.
- The largest Invesco Galaxy Bitcoin ETF buyer in Q3 2024 was Susquehanna International Group, an estimated $20.1M added.
- The largest Invesco Galaxy Bitcoin ETF seller in Q3 2024 was Jane Street, an estimated $8.06M sold.
Based on aggregated 13F filings for Q3 2024.