Its largest holding is the iShares Bitcoin Trust (IBIT) at $238.6 million, followed by Fidelity’s Bitcoin ETF (FBTC) at $79.5 million, then $56.1 million of Invesco Galaxy’s BTC ETF (BTCO), and $35.1 million in Grayscale’s GBTC. It also holds smaller positions in BITB, BTCW, and ARKB.
