VanEck Bitcoin Strategy ETF
XBTF
XBTF was delisted on the 30th of January, 2024.
3 hedge funds and large institutions have $10.1M invested in VanEck Bitcoin Strategy ETF in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 4 closing their positions.
84% more capital invested
Capital invested by funds: $5.48M → $10.1M (+$4.63M)
30% more call options, than puts
Call options by funds: $226K | Put options by funds: $174K
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
63% less funds holding
Funds holding: 8 → 3 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$818K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$659K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$313K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$254K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$98K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
VanEck Associates
New York
| $10M | +$3.49M | +150,000 | +75% |
|
|
2
Citadel Advisors
Miami,
Florida
| $87.9K | -$313K | -13,444 | -81% |
|
|
CG
3
Cutler Group
San Francisco,
California
| $3K | – | – | – |
|
|
4
Jane Street
New York
| – | -$818K | -48,578 | Closed |
|
|
FTUS
5
Flow Traders U.S.
New York
| – | -$659K | -39,169 | Closed |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$254K | -15,073 | Closed |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$98K | -5,821 | Closed |
|
XBTF Hedge Fund Activity: Q1 2023 in Review
3 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VanEck Bitcoin Strategy ETF (XBTF) for Q1 2023, worth a combined $10.1M — up 84% from $5.48M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of XBTF and 0 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was VanEck Associates, adding an estimated $3.49M. The largest seller was Jane Street, exiting entirely with an estimated $818K sold.
- 3 institutional investors held VanEck Bitcoin Strategy ETF (XBTF) as of Q1 2023, down from 8 in Q4 2022.
- Funds reported $10.1M of VanEck Bitcoin Strategy ETF stock for Q1 2023, up 84% quarter-over-quarter.
- 0 funds opened new VanEck Bitcoin Strategy ETF positions in Q1 2023 and 4 closed out, a net change of -4 holders.
- The largest VanEck Bitcoin Strategy ETF buyer in Q1 2023 was VanEck Associates, an estimated $3.49M added.
- The largest VanEck Bitcoin Strategy ETF seller in Q1 2023 was Jane Street, an estimated $818K sold.
Based on aggregated 13F filings for Q1 2023.