According to PANews, Susquehanna International Group has increased its holdings in Bitcoin ETF by $291 million, primarily allocated to BlackRock's IBIT product. The institution's total holdings in Bitcoin ETF have reached $1.3 billion, covering over 17.5 million fund shares. Since establishing a $1 billion position in Bitcoin ETF in the first quarter of 2024, Susquehanna has continued to increase its stake, showing a long-term optimism towards compliant crypto investment tools. The institution also trades various derivatives of cryptocurrencies in global markets, including spot, futures, and options.
Susquehanna International Group Increases Holdings in Bitcoin ETF by $291 Million
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