ParaFi Capital LP: BITWISE BITCOIN ETF TR (BITB): Quarterly 13F Position History
As of Q2 2026, ParaFi Capital LP reported 1,700,000 shares of BITWISE BITCOIN ETF TR (BITB), worth $54.2M and representing 19.4% of its 13F equity book. The position first appeared in Q4 2024 and has been disclosed across 7 13F-HR filings in Pactolio's tracked window.
- 1,700,000Shares Held (Latest Filing)
- $54.2MReported Market Value (Latest Filing)
- 19.4%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$8.4MQuarter-over-Quarter Value Change
- 1,960,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 7 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,700,000 | 0 | – | $54.2M | 19.4% | $31.9 |
| Q1 2026 | 1,700,000 | 260,000 | -13.3% | $62.6M | 19.7% | $36.8 |
| Q4 2025 | 1,960,000 | 0 | – | $93.2M | 26.1% | $47.6 |
| Q3 2025 | 1,960,000 | 0 | – | $122.0M | 26.5% | $62.2 |
| Q2 2025 | 1,960,000 | +1,960,000 | – | $114.8M | 21.1% | $58.6 |
| Q1 2025 | 0 | 1,960,000 | -100.0% | $0 | 0.0% | – |
| Q4 2024 | 1,960,000 | – | – | $99.7M | 23.9% | $50.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did ParaFi Capital LP first disclose a BITB position in 13F-HR filings?
ParaFi Capital LP first reported BITWISE BITCOIN ETF TR (BITB) on its 13F-HR filing for the period ending 2024-12-31 (Q4 2024). The position has appeared on 7 reported quarters within Pactolio's tracked window.
What was ParaFi Capital LP's most recent quarter-over-quarter share-count change in BITB?
ParaFi Capital LP held the same 1,700,000 shares of BITB between Q1 2026 and Q2 2026, so the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent ParaFi Capital LP's cost basis in BITB?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.