CoinShares Bitcoin and Ether ETF
13 hedge funds and large institutions have $6.09M invested in CoinShares Bitcoin and Ether ETF in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 7 closing their positions.
35% more capital invested
Capital invested by funds: $4.52M → $6.09M (+$1.57M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
8% more funds holding
Funds holding: 12 → 13 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.46% less ownership
Funds ownership: 18.1% → 17.64% (-0.46%)
98% less call options, than puts
Call options by funds: $36K | Put options by funds: $1.84M
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Belvedere Trading
Chicago,
Illinois
|
+$351K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$197K |
| 3 |
SGI
Summit Global Investments
Bountiful,
Utah
|
+$146K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$15.4K |
| 5 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
+$3.25K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$270K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$177K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$76.8K |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$26.4K |
| 5 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$25.5K |
BTF Hedge Fund Activity: Q4 2023 in Review
13 of the 6,870 institutional investors tracked by Wall St. Rank reported a position in CoinShares Bitcoin and Ether ETF (BTF) for Q4 2023, worth a combined $6.09M — up 35% from $4.52M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BTF positions and 7 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Belvedere Trading, opening a new position worth an estimated $351K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $270K sold.
- 13 institutional investors held CoinShares Bitcoin and Ether ETF (BTF) as of Q4 2023, up from 12 in Q3 2023.
- Funds reported $6.09M of CoinShares Bitcoin and Ether ETF stock for Q4 2023, up 35% quarter-over-quarter.
- 8 funds opened new CoinShares Bitcoin and Ether ETF positions in Q4 2023 and 7 closed out, a net change of +1 holder.
- The largest CoinShares Bitcoin and Ether ETF buyer in Q4 2023 was Belvedere Trading, an estimated $351K added.
- The largest CoinShares Bitcoin and Ether ETF seller in Q4 2023 was Susquehanna International Group, an estimated $270K sold.
Based on aggregated 13F filings for Q4 2023.