TAP Consulting LLC Has $1.93 Million Stock Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

TAP Consulting LLC boosted its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 8.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,856 shares of the company’s stock after buying an additional 4,336 shares during the quarter. TAP Consulting LLC’s holdings in Bitwise Bitcoin ETF were worth $1,932,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Ballew Advisors Inc acquired a new position in shares of Bitwise Bitcoin ETF in the 1st quarter valued at $230,000. Morton Capital Management LLC CA acquired a new position in shares of Bitwise Bitcoin ETF in the 1st quarter valued at $249,000. IMC Chicago LLC acquired a new position in shares of Bitwise Bitcoin ETF in the 1st quarter valued at $20,530,000. Sound Income Strategies LLC acquired a new position in shares of Bitwise Bitcoin ETF in the 1st quarter valued at $43,000. Finally, Brookstone Capital Management acquired a new position in shares of Bitwise Bitcoin ETF in the 1st quarter valued at $357,000.

Bitwise Bitcoin ETF Stock Performance

Shares of BITB stock traded up $1.78 during trading hours on Friday, reaching $34.28. The company had a trading volume of 2,649,883 shares, compared to its average volume of 2,361,226. The company has a 50 day moving average of $32.75 and a 200 day moving average of $34.55. Bitwise Bitcoin ETF has a 1-year low of $21.05 and a 1-year high of $40.16.

Bitwise Bitcoin ETF Company Profile

The Bitwise Bitcoin ETF Trust (BITB) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.