Key Takeaways
- Susquehanna, a $438 billion asset manager, bought $1.3 billion worth of Bitcoin ETFs.
- Their holdings include Grayscale ($1.09B), Fidelity ($83.7M), and ARK21 ($536.1M).
- Susquehanna is now the largest holder of spot Bitcoin ETFs globally.
Susquehanna, a global trading firm managing $438 billion in assets, disclosed a $1.3 billion investment in spot Bitcoin ETFs through a recent SEC filing.
Their investment is spread across various ETFs, including Grayscale ($1.09 billion), Fidelity ($83.7 million), ARK21 ($536.1 million), and BlackRock ($23.6 million), among others.
Record-breaking holdings in Bitcoin ETFs
With this purchase, Susquehanna has become the largest investor in spot Bitcoin ETFs, which have surged in popularity since SEC approval in January 2024.
Rising interest in Bitcoin ETFs among asset managers
Susquehanna’s sizable investment comes on the heels of a similar move by Hightower, signaling growing interest among asset managers.
Spot Bitcoin ETFs have achieved widespread adoption, attracting trillions of dollars in investments since the start of the year.
