New data on the largest holder of spot Bitcoin ETFs is now Susquehanna International Group.
This privately held global trading and technology firm, with $575 billion in assets under management (!), owns a $1.3 billion#BitcoinETF across 10 issuers. And here, like Hightower Advisors, the issuer#Grayscalehas the largest share. For more than $1 billion.
SIG includes a number of subsidiaries specializing in trading and proprietary investments in equities, fixed income, energy, commodities, index and derivative products, private equity and venture capital, research, client trading and institutional sales.
SIG is the specialist or DPM (designated primary market maker) in approximately 600 equity options and 45 index options on the CBOE, AMEX, PHLX and ISE, including stocks such as Google, Goldman Sachs, JPMorgan Chase, GE, PepsiCo and Microsoft and indices such as Nasdaq and Russell 2000 options.
A very impressive track record. A truly major player in the financial market.
The company employs more than 3,000 people in offices in North America, Australia, Europe and Asia.
This is the largest known holding of Bitcoin ETF among hedge funds.
