Susquehanna International Group LLP Has $62.07 Million Stock Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Susquehanna International Group LLP raised its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 238.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,898,597 shares of the company’s stock after buying an additional 1,337,765 shares during the period. Susquehanna International Group LLP’s holdings in Bitwise Bitcoin ETF were worth $62,065,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Atria Investments Inc acquired a new stake in shares of Bitwise Bitcoin ETF in the first quarter valued at $1,308,000. Massmutual Trust Co. FSB ADV acquired a new stake in Bitwise Bitcoin ETF in the 2nd quarter valued at about $33,000. Brookstone Capital Management raised its stake in shares of Bitwise Bitcoin ETF by 5.2% in the second quarter. Brookstone Capital Management now owns 9,716 shares of the company’s stock worth $342,000 after acquiring an additional 482 shares during the last quarter. BBR Partners LLC acquired a new position in shares of Bitwise Bitcoin ETF during the second quarter worth approximately $294,000. Finally, Benedetti & Gucer Inc. acquired a new position in shares of Bitwise Bitcoin ETF during the first quarter worth approximately $1,065,000.

Bitwise Bitcoin ETF Price Performance

Shares of Bitwise Bitcoin ETF stock opened at $35.80 on Monday. The firm has a 50 day simple moving average of $33.17 and a 200 day simple moving average of $34.79. Bitwise Bitcoin ETF has a fifty-two week low of $21.05 and a fifty-two week high of $40.16.

Bitwise Bitcoin ETF Company Profile

The Bitwise Bitcoin ETF Trust (BITB) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.