Susquehanna International Group Discloses $1.3 Billion Investment in Bitcoin ETFs

According to Foresight News, Susquehanna International Group, a quantitative trading company, has disclosed a $1.3 billion investment in Bitcoin ETFs. The firm holds 17.3 million shares of Grayscale's GBTC through three separate investments, totaling $1.1 billion. In addition to this, Susquehanna purchased 1.3 million shares of Fidelity FBTC valued at $83.7 million, 583,049 shares of BlackRock IBIT worth $23.6 million, 560,832 shares of Bitwise BITB valued at $21.7 million, and 508,824 shares of Ark 21Shares ARKB worth $36.1 million. The firm also bought 256,354 shares of VanEck HODL valued at $20.6 million, 255,814 shares of WisdomTree BTCW worth $19.3 million, 166,200 shares of Invesco BTCO valued at $11.8 million, and 192,391 shares of Valkyrie BRRR worth $3.9 million. These combined investments represent only a small fraction of the company's total investment of $575.9 billion reported in its latest 13F report.