According to a filing with the U.S. SEC, Susquehanna International Group invested more than $1 billion in Bitcoin ETFs in Q1 2024.

The firm disclosed to the Securities and Exchange Commission 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. Additionally, Susquehanna reported owning 1,349,414 shares of the Fidelity Wise Origin Bitcoin Fund (FBTC), valued at roughly $83.74 million