💰 Quantitative Trading Giant Boosted its Portfolio with $1 Billion Bitcoin ETF Investment

Susquehanna International Group, a quantitative trading firm, revealed its investments in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2024. According to a 13F-HR filing submitted on May 7, the firm disclosed its ownership of more than $1 billion in exchange-traded funds (ETFs). The filing, submitted to the Securities and Exchange Commission, disclosed Susquehanna’s ownership of 17,271,326 shares in the Grayscale Bitcoin Trust (GBTC), with a market value of approximately $1.09 billion as of March 31, 2024.

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