Bitwise Bitcoin Strategy Optimum Roll

BITC • ARCA

Bitwise Bitcoin Strategy Optimum Roll is an exchange-traded fund on ARCA. As of Q3 2025, 7 institutional investors hold shares in this ETF, with total holdings valued at $1.0M. KG&L Capital Management,LLC is the largest holder with a position valued at $273.5K.

Overview

Overview of institutional ownership in BITC as of Q3 2025

All Institutions

Institutions: 7
Value Held: $1.0M
Shares Held: 22.4K
Avg Position: $145.0K
Median Position: $212.9K

Hedge Funds

Hedge Funds: 0
Value Held: -
Shares Held: -
Avg Position: -
Median Position: -

Biggest Investors

Institutions with the largest positions in BITC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
KG&L Capital Management,LLC RIA/Wealth	Gabriel Simon Kora Managing Partner	$273.5K 0.08% of portfolio	6.0K shares	Q1 2025 Held for 8 months	$364.0M
Brookwood Investment Group LLC RIA/Wealth	Robert William Raimondo CEO	$228.4K 0.03% of portfolio	5.0K shares	Q2 2025 Held for 5 months	$738.2M
A ATRIA INVESTMENTS LLC Institution	-	$215.1K 0.00% of portfolio	4.7K shares	Q1 2025 Held for 8 months	$8.7B
Mariner Wealth Advisors, LLC RIA/Wealth	Martin Christopher Bicknell CEO	$212.9K 0.00% of portfolio	4.7K shares	Q1 2025 Held for 8 months	$77.3B
DAGCO, INC. RIA/Wealth	Michael Wayne Kelley President	$76.0K 0.02% of portfolio	1.7K shares	Q3 2025 Held for 2 months	$397.7M
H HUNTINGTON NATIONAL BANK Long Only Manager	Samuel Huntington Ellis Managing Partner	$9.1K 0.00% of portfolio	200.0 shares	Q1 2025 Held for 8 months	$16.2B
IFP Advisors, Inc RIA/Wealth	William Eugene Hamm CEO	$65.0 0.00% of portfolio	1.0 shares	Q2 2025 Held for 5 months	$3.8B
CWM, LLC RIA/Wealth	George Burton White CEO	- 0.00% of portfolio	- shares	Q4 2024 Held for 11 months	$31.5B
Spire Wealth Management RIA/Wealth	Bruce Murray Hernandez Managing Partner	- 0.00% of portfolio	- shares	Q2 2025 Held for 5 months	$2.9B
J JANE STREET GROUP, LLC Institution	-	- 0.00% of portfolio	- shares	Q4 2023 Held for 1y 11m	$84.1B

Net Capital Flow

Institutional buying and selling activity for BITC in Q3 2025

Traded: −$1.8M
Buyers: 2
Sellers: 10
Total Bought: +$103.5K
Total Sold: −$1.9M
Avg Position: $78.1K

Biggest Buyers

Institution	Net Bought	Current Position
DAGCO, INC. RIA/Wealth	+$76.0K +1.7K shares	$76.0K 1.7K shares
Brookwood Investment Group LLC RIA/Wealth	+$27.5K +607.0 shares	$228.4K 5.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
A ATRIA INVESTMENTS LLC Institution	−$416.2K −9.2K shares	$215.1K 4.7K shares
Mariner Wealth Advisors, LLC RIA/Wealth	−$410.4K −9.1K shares	$212.9K 4.7K shares
J JANE STREET GROUP, LLC Institution	−$404.7K −8.9K shares	Sold Off 0 shares
F FLOW TRADERS U.S. LLC Institution	−$334.4K −7.4K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$313.5K −6.9K shares	Sold Off 0 shares
KG&L Capital Management,LLC RIA/Wealth	−$30.1K −665.0 shares	$273.5K 6.0K shares
Spire Wealth Management RIA/Wealth	−$2.3K −50.0 shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$1.9K −42.0 shares	Sold Off 0 shares
CWM, LLC RIA/Wealth	−$1.0K −15.0 shares	Sold Off 0 shares
H HUNTINGTON NATIONAL BANK Long Only Manager	−$0.0 −0.0 shares	$9.1K 200.0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BITC in Q3 2025

New Positions: 1
New Value: $76.0K
Exited Positions: 6
Exited Value: $1.1M

New Positions

Institution	Position Value
DAGCO, INC. RIA/Wealth	$76.0K 1.7K shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$404.7K 8.9K shares
F FLOW TRADERS U.S. LLC Institution	$334.4K 7.4K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$313.5K 6.9K shares
Spire Wealth Management RIA/Wealth	$2.3K 50.0 shares
R ROYAL BANK OF CANADA Institution	$1.9K 42.0 shares
CWM, LLC RIA/Wealth	$1.0K 15.0 shares

Options Activity

Institutions with the largest Call and Put options positions in BITC as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with BITC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
KG&L Capital Management,LLC RIA/Wealth	Gabriel Simon Kora Managing Partner	0.08% $273.5K	6.0K shares	Q1 2025 Held for 8 months	$364.0M
Brookwood Investment Group LLC RIA/Wealth	Robert William Raimondo CEO	0.03% $228.4K	5.0K shares	Q2 2025 Held for 5 months	$738.2M
DAGCO, INC. RIA/Wealth	Michael Wayne Kelley President	0.02% $76.0K	1.7K shares	Q3 2025 Held for 2 months	$397.7M
A ATRIA INVESTMENTS LLC Institution	-	0.00% $215.1K	4.7K shares	Q1 2025 Held for 8 months	$8.7B
Mariner Wealth Advisors, LLC RIA/Wealth	Martin Christopher Bicknell CEO	0.00% $212.9K	4.7K shares	Q1 2025 Held for 8 months	$77.3B
H HUNTINGTON NATIONAL BANK Long Only Manager	Samuel Huntington Ellis Managing Partner	0.00% $9.1K	200.0 shares	Q1 2025 Held for 8 months	$16.2B
IFP Advisors, Inc RIA/Wealth	William Eugene Hamm CEO	0.00% $65.0	1.0 shares	Q2 2025 Held for 5 months	$3.8B
CWM, LLC RIA/Wealth	George Burton White CEO	0.00% -	- shares	Q4 2024 Held for 11 months	$31.5B
Spire Wealth Management RIA/Wealth	Bruce Murray Hernandez Managing Partner	0.00% -	- shares	Q2 2025 Held for 5 months	$2.9B
J JANE STREET GROUP, LLC Institution	-	0.00% -	- shares	Q4 2023 Held for 1y 11m	$84.1B