$870 billion TradFi giant Susquehanna International Group (SIG) has disclosed its holdings in spot Bitcoin ETFs and confirmed its long-term confidence in Bitcoin. XRP ETF seller also highlighted a massive conviction in Grayscale’s GBTC.
Susquehanna Discloses its Spot Bitcoin ETF Holdings
Susquehanna International Group, a leading quantitative trading and investment company with almost $870 billion in assets under management (AUM), has revealed $1.3 billion spot Bitcoin ETF holdings.
“As we continue expanding our digital asset landscape, SIG’s spot Bitcoin ETF holdings have quietly crossed the $1.3 billion mark,” the TradFi giant said.
Susquehanna added that Grayscale’s GBTC remains the core of its Bitcoin ETF portfolio. It holds over 17.27 million shares valued at more than $1.09 billion. The company has quietly built its Bitcoin portfolio for years.
The company’s successive SEC 13F filings have also revealed holdings and trades in Ethereum, Solana and XRP ETFs. However, GBTC represents the largest portion, surpassing $1 billion in value as of December 2025.
Susquehanna claims its investment is not short-term trading, but a long-term commitment. Each position is shaped by quantitative models, from liquidity profiles to fee structures. “It’s a long-term conviction in Bitcoin as a premier store of value,” the company stated.
The statement comes despite Bitcoin price plunge amid crypto market crash and rising macro and geopolitical pressure. Spot Bitcoin ETFs also continue to see outflows, but it recorded $88.1 million in inflows on Friday.
Bearish Position on XRP ETF
Susquehanna is among the leading sellers of XRP by shorting XRP ETF. It has a put options position of 18,800 shares of Canary XRP ETF (XRPC), valued at nearly $366,000. Citadel Advisors LLC also shorted XRPC, opening put options worth $216,000.
However, many tradFi institutions have revealed exposure in XRP. These include Goldman Sachs, Jane Street, and JPMorgan Chase. As CoinGape reported earlier, Goldman Sachs and Jane Street are driving XRP ETF inflows.
At the time of writing, Bitcoin is trading 3% lower near $65K. Meanwhile, XRP has tanked 7% to $1.36 today. Trading volume has increased significantly over the past 24 hours.
Source: https://coingape.com/xrp-seller-susquehanna-confirms-long-term-commitment-bitcoin-etf-gbtc/
