WisdomTree Bitcoin Fund
BTCW
25 hedge funds and large institutions have $28.6M invested in WisdomTree Bitcoin Fund in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
4% more funds holding
Funds holding: 24 → 25 (+1)
8.43% less ownership
Funds ownership: 25.6% → 17.17% (-8.4%)
41% less capital invested
Capital invested by funds: $48.3M → $28.6M (-$19.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$5.02M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$806K |
| 3 |
Renaissance Technologies
New York
|
+$637K |
| 4 |
FLP
Financial Life Planners
Tempe,
Arizona
|
+$555K |
| 5 |
VF
Virtu Financial
New York
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$17.3M |
| 2 |
EC
Elequin Capital
New York
|
-$6.54M |
| 3 |
Jane Street
New York
|
-$3.49M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$2.56M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
IMC Chicago
Chicago,
Illinois
| – | -$17.3M | -197,746 | Closed |
|
|
FTUS
27
Flow Traders U.S.
New York
| – | -$2.56M | -29,376 | Closed |
|
|
OMC
28
Old Mission Capital
Chicago,
Illinois
| – | -$1.61M | -18,448 | Closed |
|
|
HF
29
HRT Financial
New York
| – | -$664K | -7,610 | Closed |
|
|
NCM
30
Northwest Capital Management
Lake Oswego,
Oregon
| – | -$344K | -3,941 | Closed |
|
|
EL
31
Essex LLC
Deer Park,
Illinois
| – | -$216K | -2,480 | Closed |
|
|
HT
32
Headlands Technologies
Chicago,
Illinois
| – | -$16K | -183 | Closed |
|
BTCW Hedge Fund Activity: Q2 2025 in Review
25 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in WisdomTree Bitcoin Fund (BTCW) for Q2 2025, worth a combined $28.6M — down 41% from $48.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BTCW positions and 7 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $5.02M. The largest seller was IMC Chicago, exiting entirely with an estimated $17.3M sold.
- 25 institutional investors held WisdomTree Bitcoin Fund (BTCW) as of Q2 2025, up from 24 in Q1 2025.
- Funds reported $28.6M of WisdomTree Bitcoin Fund stock for Q2 2025, down 41% quarter-over-quarter.
- 8 funds opened new WisdomTree Bitcoin Fund positions in Q2 2025 and 7 closed out, a net change of +1 holder.
- The largest WisdomTree Bitcoin Fund buyer in Q2 2025 was Bank of New York Mellon, an estimated $5.02M added.
- The largest WisdomTree Bitcoin Fund seller in Q2 2025 was IMC Chicago, an estimated $17.3M sold.
Based on aggregated 13F filings for Q2 2025.