Galaxy Digital's 13F Reveals $1.7B Portfolio: Heavy Bitcoin ETF Exposure and Massive Index Put Positions
GLXY sits 31% above its 52-week low of $16.43.
Summary
Galaxy Digital's Q2 13F shows a $1.7B portfolio dominated by Bitcoin ETFs and large index put options, revealing a hedged bullish crypto strategy.
Key Events · Ownership and Investor Activity · GLXY
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13F Portfolio Value
Galaxy Digital reported $1.696 billion in total 13F holdings across 72 positions as of June 30, 2026.
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Bitcoin ETF Exposure
The firm holds $323.1M in iShares Bitcoin Trust ETF, $75.8M in ARK 21Shares Bitcoin ETF, and $42.3M in Invesco Galaxy Bitcoin ETF, totaling over $441M in Bitcoin ETF positions.
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Index Put Options
Large put positions on SPY ($346.6M) and QQQ ($314.4M) indicate hedging against potential market downturns.
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Ethereum ETF Holdings
Galaxy holds $9.7M in iShares Ethereum Trust and $4.6M in Invesco Galaxy Ethereum ETF, with additional put options on Ethereum ETFs totaling $59.5M.
Analysis · GLXY · Crypto Assets
Galaxy Digital's 13F filing for Q2 2026 discloses a $1.696 billion portfolio with significant positions in Bitcoin and Ethereum ETFs, alongside large put options on major indices. The firm holds $323.1M in iShares Bitcoin Trust ETF and $75.8M in ARK 21Shares Bitcoin ETF, reflecting a strong bullish stance on crypto. However, the $346.6M put position on SPY and $314.4M put on QQQ suggest hedging against broader market declines. This filing provides insight into Galaxy's investment strategy and risk management, particularly relevant given the company's recent pivot toward AI/HPC data centers and its $3.5B debt offering.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 29% of the 1653 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.58%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GLXY was trading at $21.55 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $8.5B. The 52-week trading range was $16.43 to $45.92. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.