Hedge fund Susquehanna increases holdings of $291 million Bitcoin ETF, total holdings rise to $1.30 billion

According to Yahoo Finance, Susquehanna International Group, a well-known hedge fund on Wall Street, recently disclosed that it increased its holdings of $291 million Bitcoin ETF, mainly allocated to BlackRock IBIT products. The total holdings of the institution's Bitcoin ETF have reached $1.30 billion, covering more than 17.50 million fund shares.
Susquehanna has continued to increase its position since it first opened a $1 billion bitcoin ETF in the first quarter of 2024, indicating the institution's long-term optimism about compliance crypto investment vehicles. The institution simultaneously trades cryptocurrency spot, futures, options and other derivatives in the global market.