Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF
BTFX
BTFX was delisted on the 15th of December, 2025.
4 hedge funds and large institutions have $987K invested in Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 0 closing their positions.
184% more capital invested
Capital invested by funds: $347K → $987K (+$639K)
138% more call options, than puts
Call options by funds: $2.67M | Put options by funds: $1.12M
100% more funds holding
Funds holding: 2 → 4 (+2)
3.24% more ownership
Funds ownership: 2.6% → 5.84% (+3.2%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$282K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$98.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
1
Flow Traders U.S.
New York
| $408K | -$98.3K | -2,118 | -22% |
|
|
2
Jane Street
New York
| $321K | +$282K | +6,077 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $256K | +$225K | +4,859 | New |
|
|
CVM
4
Cheviot Value Management
Beverly Hills,
California
| $1.6K | – | – | – |
|
BTFX Hedge Fund Activity: Q2 2025 in Review
4 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF (BTFX) for Q2 2025, worth a combined $987K — up 184% from $347K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BTFX positions and 0 closed out — a net gain of 2 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $282K. The largest seller was Flow Traders U.S., cutting an estimated $98.3K.
- 4 institutional investors held Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF (BTFX) as of Q2 2025, up from 2 in Q1 2025.
- Funds reported $987K of Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF stock for Q2 2025, up 184% quarter-over-quarter.
- 2 funds opened new Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF positions in Q2 2025 and 0 closed out, a net change of +2 holders.
- The largest Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF buyer in Q2 2025 was Jane Street, an estimated $282K added.
- The largest Valkyrie ETF Trust II CoinShares Bitcoin Leverage ETF seller in Q2 2025 was Flow Traders U.S., an estimated $98.3K sold.
Based on aggregated 13F filings for Q2 2025.