The quantitative trading firm Susquehanna has now purchased $1.3 billion in Bitcoin spot ETFs

2024-05-08 10:14:55

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According to ChainCatcher news, as reported by CryptoSlate, the quantitative trading firm Susquehanna International Group has filed documents disclosing a $1.3 billion investment in a spot Bitcoin ETF. This includes holding 17.3 million shares of Grayscale's GBTC through three separate investments, totaling $1.1 billion.

Susquehanna also purchased 1.3 million shares of Fidelity FBTC, valued at $83.7 million, 583,049 shares of BlackRock IBIT, valued at $23.6 million, 560,832 shares of Bitwise BITB, valued at $21.7 million, and 508,824 shares of Ark 21Shares ARKB, valued at $36.1 million. Additionally, they bought 256,354 shares of VanEck HODL, valued at $20.6 million, 255,814 shares of WisdomTree BTCW, valued at $19.3 million, 166,200 shares of Invesco BTCO, valued at $11.8 million, and 192,391 shares of Valkyrie BRRR, valued at $3.9 million.

These combined investments account for only a small portion of the company's latest 13F report, which has a total investment amount of $575.9 billion.

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Susquehanna Bitcoin Spot ETF

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