Susquehanna International Group invests $1.3 billion in Bitcoin ETF

The $481 billion AUM investment firm Susquehanna International Group disclosed on Tuesday that it owns 10 Bitcoin exchange-traded funds (ETFs) in the US. Susquehanna has made various spot Bitcoin ETF investments totaling $1.3 billion, including over $1 billion in Grayscale's GBTC.

Leading quantitative trading company Susquehanna International Group rapidly increased the size of its portfolio by allocating approximately $1.1 billion to exchange-traded funds (ETFs) for Bitcoin. The composition and value of the company's Bitcoin ETF portfolio as of March 31, 2024, were disclosed in its most recent 13F SEC filing, which was filed on May 7.