Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF
BTFX
BTFX was delisted on the 15th of December, 2025.
2 hedge funds and large institutions have $347K invested in Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF in 2025 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
2.42% less ownership
Funds ownership: 5.02% → 2.6% (-2.4%)
37% less call options, than puts
Call options by funds: $570K | Put options by funds: $910K
75% less capital invested
Capital invested by funds: $1.39M → $347K (-$1.05M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$86K |
| 2 |
CVM
Cheviot Value Management
Beverly Hills,
California
|
+$1.23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$973K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
1
Flow Traders U.S.
New York
| $346K | +$86K | +1,814 | +23% |
|
|
CVM
2
Cheviot Value Management
Beverly Hills,
California
| $1.1K | +$1.23K | +26 | New |
|
|
3
Jane Street
New York
| – | -$973K | -18,571 | Closed |
|
BTFX Hedge Fund Activity: Q1 2025 in Review
2 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF (BTFX) for Q1 2025, worth a combined $347K — down 75% from $1.39M a quarter earlier.
Fund positioning in BTFX was balanced in Q1 2025: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 0 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $86K. The largest seller was Jane Street, exiting entirely with an estimated $973K sold.
- 2 institutional investors held Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF (BTFX) as of Q1 2025, unchanged from Q4 2024.
- Funds reported $347K of Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF stock for Q1 2025, down 75% quarter-over-quarter.
- 1 fund opened new Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF positions in Q1 2025 and 1 closed out, a net change of 0 holders.
- The largest Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF buyer in Q1 2025 was Flow Traders U.S., an estimated $86K added.
- The largest Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF seller in Q1 2025 was Jane Street, an estimated $973K sold.
Based on aggregated 13F filings for Q1 2025.