Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs
Freshly published SEC filings have uncovered a massive Bitcoin whale holding nine-figure funds spread across multiple U.S. Bitcoin ETF products.
According to a 13F-HR filing submitted to the Securities and Exchange Commission (SEC), Susquehanna International Group, LLP (SIG) holds $1.8 billion worth of shares in such products.
Susquehanna is a global trading and investment firm with $438 billion in assets under management. Though its Bitcoin ETF allocation is just a fraction of its total investments, it is a far larger position than any witnessed for Q1 2024 so far.
Susquehanna – a single $438 billion fund – has disclosed a 0.3% position in #Bitcoin.
This will scale to 3% within the next year.
That’s $13.4 billion from ONE entity.
— British HODL ❤️
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