According to its latest 13F filing with the U.S. Securities and Exchange Commission (U.S. markets regulator), the firm increased its position from $2.6 million to $22.3 million during the first quarter.
Citadel Advisors, which the source says manages more than $600 billion in assets, increased its exposure to Solana through Bitwise’s Solana ETF to $22.3 million in the first quarter, up from $2.6 million. The change represents a 760% increase, according to the firm’s latest 13F filing with the U.S. Securities and Exchange Commission (U.S. markets regulator). The disclosure points to a larger institutional allocation to a Solana-linked exchange-traded fund, a structure that gives investors market exposure without directly holding the underlying token.