Susquehanna, a global trading and technology firm, is making substantial investments in exchange-traded funds (ETFs) focused on Bitcoin (BTC). According to a recent filing with the U.S. Securities and Exchange Commission (SEC), the company has purchased 17,271,326 shares of Grayscale Bitcoin Trust (GBTC) in three separate transactions, totaling $1.09 billion. This investment in GBTC, currently valued at $955.10 million based on the current market price of $55.30 per share, is Susquehanna’s largest allocation in a spot Bitcoin ETF.

Additionally, Susquehanna has acquired shares in several other Bitcoin ETFs. The firm purchased 1,349,414 shares of Fidelity Wise Origin Bitcoin Fund (FBTC) for $83.74 million, 583,049 shares of BlackRock’s iShares Bitcoin Trust (IBIT) for $23.6 million, 560,832 shares of Bitwise Bitcoin ETF (BITB) for $21.7 million, and 508,824 shares of ARK 21 Shares Bitcoin ETF (ARKB) for $36.1 million.

Susquehanna’s portfolio also includes investments in VanEck Bitcoin Trust (HODL), WisdomTree Bitcoin Fund (BTCW), Invesco Galaxy Bitcoin ETF (BTCO), and Valkyrie Bitcoin Fund (BRRR). In total, the firm has invested $1.31 billion in nine spot Bitcoin ETFs. With $481 billion in total assets under management (AUM), Susquehanna is a significant player in the trading industry.

The SEC approved 11 applications to offer BTC investment products in January. However, the regulatory body cautioned that Bitcoin remains a volatile and speculative asset. Investors should exercise caution and conduct thorough research before engaging in high-risk investments involving Bitcoin, cryptocurrencies, or digital assets.

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