In Q1 2024, Susquehanna International Group made significant investments in Bitcoin exchange-traded funds (ETFs), according to a filing with the U.S. Securities and Exchange Commission. The firm disclosed ownership of over $1 billion worth of shares in various Bitcoin-related vehicles. This included 17,271,326 shares of the Grayscale Bitcoin Trust (GBTC), valued at approximately $1.09 billion, and 1,349,414 shares of the Fidelity Wise Origin Bitcoin Fund (FBTC), valued at roughly $83.74 million. Susquehanna also increased its stake in the ProShares Bitcoin Strategy ETF (BITO) to approximately $255.42 million, up 57.59% from the previous filing. Additionally, the company had indirect exposure to Bitcoin through its holdings in MicroStrategy stock, though it reduced its stake during portfolio rebalancing. Despite these significant Bitcoin investments, cryptocurrency still represents a small portion of Susquehanna's overall portfolio, which was valued at over $575.8 billion at the end of Q1 2024.