Integrated Ventures Inc (INTV)

[ap17]

Good news for BTC, unfortunately NEVER translates here.......NEVER!
nutshell:

HERE THEY COME 🤑
BREAKING: Susquehanna discloses $1.3 billion in spot Bitcoin ETF investments

Bitcoin
Susquehanna International Group has just disclosed $1.3 billion of investments in Bitcoin ETFs. 🤯

Susquehanna is one of the largest companies to invest in spot Bitcoin ETFs today.

Estimates put their assets under management at ~$481 billion.

This disclosure comes from a 13F filing with the SEC.

A 13F is a mandatory quarterly report required from institutional investment managers with at least $100 million in assets under management. These disclosures give insights into current equity holdings.

Here’s the breakdown of Susquehanna’s Bitcoin holdings:

17.3 million shares of Grayscale’s GBTC: $1.1 billion

1.3 million shares of Fidelity’s FBTC: $83.7 million

583,049 shares of BlackRock’s IBIT: $23.6 million

560,832 shares of Bitwise’s BITB: $21.7 million

508,834 shares of Ark’s ARKB: $36.1 million

256,354 shares of VanEck’s HODL: $20.6 million

255,814 shares of WisdomTree’s BTCW: $19.3 million

166,200 shares of Invesco’s BTCO: $11.8 million

192,391 shares of Valkyrie’s BRRR: $3.9 million

(This filing also only discloses purchases made up until March 31st, 2024)

Did you notice one of the Bitcoin ETFs missing from the list?

Susquehanna is currently invested in nine of the ten Bitcoin ETFs on the market.

But, Franklin Templeton’s EZBC didn’t make the cut… (ouch)

We’ve heard from many of the ETF issuers that institutional investment in Bitcoin is only just beginning.

And here it is, the first of (hopefully) many LARGE company filings. 😎