In the latest high-profile trade involving Bitcoin, $438 billion asset management firm Susquehanna revealed it has purchased $1.3 billion worth of spot Bitcoin ETFs. Today, Susquehanna disclosed his Bitcoin ETF portfolio across multiple ETFs in a 13F SEC filing.
- Grayscale BTC: $1,091,029,663 (17,271,326 shares)
- Fidelity Bitcoin ETF: $83,744,633 (1,349,414 shares)
- BlackRock Bitcoin ETF: $23,595,993 (583,049 shares)
- ARK21 Bitcoin ETF: $536,116,328 (508,824 shares)
- Bitcoin ETF per bit: $21,709,807 (560,832 shares)
- Valkyrie Bitcoin ETF: $3,872,831 (192,391 shares)
- Invesco Galaxy ETF: $11,801,862 (166,200 shares)
- VanEck Bitcoin ETF Trust: $20,595,480 (256,354 shares)
- WisdomTree Bitcoin ETF: $19,290,934 (255,814 shares)
While the diversification of investments in Bitcoin ETFs is an interesting highlight, it still only increases optimism about the world's leading cryptocurrency. Susquehanna International is one of the largest privately owned trading companies in the world. The company focuses on derivatives and trades essentially all publicly traded financial instruments and asset classes, processing millions of trades every day on exchanges around the world.
Susquehanna becomes the largest well-known spot Bitcoin ETF investor
Now, Susquehanna will attract attention in the cryptocurrency industry with its whale-like Bitcoin holdings. The company's Bitcoin ETF holdings are the largest holdings of the asset ever recorded.
The success of spot Bitcoin ETFs is undeniable. Bitcoin has taken over the ETF market since its approval by the SEC in January 2024. Therefore, since the beginning of the year, the asset has soared to an all-time high. Investors looking for new options to put their money are turning to BTC as a key player in stock trading. Moreover, with the help of Grayscale, BlackRock, and other options spot Bitcoin ETFs, this asset has become famous across the United States.
Although there is no clear reason why Susquehanna split its Spot Bitcoin ETF investments this way, the spread is still big news.Shortly after the emergence of asset management companies Hightower made something similar, though not quite as big., investing in Bitcoin ETFs. Moreover, Susquehanna's investment will only increase interest from other asset managers in Bitcoin and exchange-traded funds. Additionally, trillions of dollars have been invested in these assets over the past few months, and the train doesn't seem to be slowing down.
