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Susquehanna International Confirms Long-Term BTC Strategy Through GBTC and ETF Holdings


Susquehanna International Confirms Long-Term BTC Strategy Through GBTC and ETF Holdings

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Susquehanna International Group (SIG) has confirmed long-term commitment to Bitcoin with its ETF holdings exceeding $1.3 billion, primarily through Grayscale Bitcoin Trust (GBTC), valued at $1.09 billion. The firm has diversified into 10 additional spot Bitcoin ETFs, reflecting confidence in Bitcoin as a premier store of value despite recent market volatility showing outflows in U.S.-listed Bitcoin ETFs and a 3% drop in BTC price, currently trading at $66,211.30.

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  • SIG’s $1.3B Bitcoin ETF portfolio is centered on Grayscale Bitcoin Trust (GBTC), valued at $1.09B
  • The firm diversifies across 10 additional spot Bitcoin ETFs and reflects long-term confidence in Bitcoin as a premier store of value. 

Susquehanna International Group (SIG) revealed that its Bitcoin ETF holdings now exceed $1.3 billion. With Grayscale Bitcoin Trust (GBTC) remaining the cornerstone, which reflects Susquehanna’s long-term conviction in Bitcoin and strategically invests across other spot Bitcoin ETFs. 

On February 23, SIG, a global trading and technology firm, shared a post on X that the company’s spot Bitcoin ETF holdings surged $1.3 billion, with the company stating that Grayscale GBTC remains in the center with over 17.27 million shares, which is worth more than $1.09B. 

Additionally, the firm stated that it has diversified its exposure across 10 additional spot Bitcoin ETFs. With that, each position is carefully selected and managed using quantitative models that take into account factors such as liquidity, trading volume, market depth, and fee structures.

As SIG itself stated, “This is not short-term trading—it’s a long-term conviction in Bitcoin as a premier store of value.” Which explains that its Bitcoin strategy is about long-term conviction, not quick trades, as the company aims to balance risk, capture opportunities, and maintain a resilient, diversified crypto portfolio. In that note, such strategic accumulation by major TradFi players like SIG may signal confidence in Bitcoin’s role as a store of value, despite short-term volatility and ETF outflows.

With that, U.S.-listed Bitcoin ETFs see continuous outflows in almost all weeks since the year started, with only two weeks in the month of January, Bitcoin ETFs recorded inflows, as per the SoSoValue data. But on February 20, BTC ETFs saw $88.04 million in inflows

BTC price Update Following Susquehanna’s BTC Conviction 

Bitcoin is down over 3% in the past 24 hours, is trading at $66,211.30, as of writing, and the rest of the altcoins follow a similar downward trend.  Meanwhile, Bitcoin’s 24-hour volume jumped more than 130%, signaling heightened market participation amid volatility. As the broader picture remains bearish, with Bitcoin down over 26% for the month.

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Coins

$ 63.65K

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$ 0.00248

-18.1%

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