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CoinShares Bitcoin and Ether ETF

16 hedge funds and large institutions have $7.21M invested in CoinShares Bitcoin and Ether ETF in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

14% more funds holding

Funds holding: 1416 (+2)

0.55% less ownership

Funds ownership: 3.61%3.06% (-0.55%)

29% less call options, than puts

Call options by funds: $349K | Put options by funds: $494K

30% less capital invested

Capital invested by funds: $10.3M → $7.21M (-$3.09M)

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
16
Holders Change
+2
Holders Change %
+14.29%
% of All Funds
0.23%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
2
Reduced
5
Closed
3
Calls
$349K
Puts
$494K
Net Calls
-$145K
Net Calls Change
-$2.13M

BTF Hedge Fund Activity: Q2 2024 in Review

16 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in CoinShares Bitcoin and Ether ETF (BTF) for Q2 2024, worth a combined $7.21M — down 30% from $10.3M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new BTF positions and 3 closed out — a net gain of 2 holders — while 2 added to existing stakes and 5 trimmed.

The largest buyer was Jane Street, adding an estimated $717K. The largest seller was Group One Trading, exiting entirely with an estimated $1.19M sold.

  • 16 institutional investors held CoinShares Bitcoin and Ether ETF (BTF) as of Q2 2024, up from 14 in Q1 2024.
  • Funds reported $7.21M of CoinShares Bitcoin and Ether ETF stock for Q2 2024, down 30% quarter-over-quarter.
  • 5 funds opened new CoinShares Bitcoin and Ether ETF positions in Q2 2024 and 3 closed out, a net change of +2 holders.
  • The largest CoinShares Bitcoin and Ether ETF buyer in Q2 2024 was Jane Street, an estimated $717K added.
  • The largest CoinShares Bitcoin and Ether ETF seller in Q2 2024 was Group One Trading, an estimated $1.19M sold.

Based on aggregated 13F filings for Q2 2024.