Flow Traders U.S. LLC decreased its position in Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 34.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 36,086 shares of the company’s stock after selling 18,821 shares during the period. Flow Traders U.S. LLC’s holdings in Bitwise Bitcoin ETF were worth $1,248,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BITB. Atria Investments Inc acquired a new stake in shares of Bitwise Bitcoin ETF in the first quarter worth $1,308,000. Massmutual Trust Co. FSB ADV purchased a new position in Bitwise Bitcoin ETF during the 2nd quarter valued at about $33,000. CWM LLC acquired a new position in shares of Bitwise Bitcoin ETF in the 2nd quarter valued at about $471,000. Diversify Advisory Services LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the second quarter worth approximately $400,000. Finally, Morton Capital Management LLC CA boosted its holdings in shares of Bitwise Bitcoin ETF by 19.4% during the second quarter. Morton Capital Management LLC CA now owns 7,674 shares of the company’s stock worth $251,000 after purchasing an additional 1,246 shares during the period.
Bitwise Bitcoin ETF Trading Down 1.5 %
Bitwise Bitcoin ETF stock opened at $52.15 on Tuesday. Bitwise Bitcoin ETF has a twelve month low of $21.05 and a twelve month high of $54.39. The firm’s 50 day moving average price is $40.99 and its two-hundred day moving average price is $36.56.
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.
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