Susquehanna International Group, LLP (SIG), a worldwide trading, technology, and investment company, has reported holdings exceeding $1.8 billion in Bitcoin exchange-traded funds (ETFs) in a 13F-HR filing to the Securities and Exchange Commission (SEC).
This filing offers a comprehensive overview of SIG's investment portfolio, highlighting its largest stakes in Grayscale's Bitcoin ETF GBTC, amounting to $1,091,029,663.
The documents also show that Susquehanna International Group (SIG) has positions in various Bitcoin ETFs, including: ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETF Trust, Bitwise Funds Trust (Bitcoin and Ether), Fidelity Wise Origin Bitcoin, Franklin Templeton Digital Bitcoin ETF, Global X Bitcoin Trend, Invesco Galaxy Bitcoin ETF, iShares Bitcoin Trust, ProShares Trust Short Bitcoin, ProShares Trust Bitcoin Strategy, ProShares Trust Bitcoin & Ether, Valkyrie Bitcoin Fund, Valkyrie ETF Trust II (Bitcoin and Ether, Bitcoin Miners, Bitcoin Futures Leveraged), VanEck Bitcoin Trust, Volatility Shares 2X Bitcoin Strategy, and WisdomTree Bitcoin Fund.
These holdings contribute to a total asset value exceeding $1.8 billion.
Additionally, SIG holds $4,037,637 in ProShares Short Bitcoin ETF, designed to provide potential profits when Bitcoin’s price falls.
SIG also invested $1,004,552 in Valkyrie Bitcoin Futures Leveraged Strategy ETF and $97,856,513 in Volatility Shares 2X Bitcoin ETF, aimed at leveraging returns on days when Bitcoin’s price rises.
SIG's announcement of holding more than $1.8 billion in Bitcoin ETFs underscores the increasing trend of institutional investment in Bitcoin as an element of a diversified investment strategy.