Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Shares Sold by Bellwether Advisors LLC

Bellwether Advisors LLC trimmed its holdings in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 77.2% during the fourth quarter, Holdings Channel reports. The firm owned 4,119 shares of the company’s stock after selling 13,932 shares during the quarter. Bellwether Advisors LLC’s holdings in Grayscale Bitcoin Mini Trust were worth $172,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in Grayscale Bitcoin Mini Trust during the 4th quarter valued at about $27,000. Modus Advisors LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the 4th quarter valued at approximately $29,000. Mainstream Capital Management LLC acquired a new position in Grayscale Bitcoin Mini Trust during the 4th quarter worth $32,000. Redwood Park Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust during the 4th quarter worth about $39,000. Finally, Harbor Investment Advisory LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the 4th quarter valued at about $40,000.

Grayscale Bitcoin Mini Trust Trading Up 2.0 %

NYSEARCA BTC opened at $42.30 on Monday. Grayscale Bitcoin Mini Trust has a 12 month low of $22.00 and a 12 month high of $48.07. The company’s 50 day simple moving average is $38.03 and its 200 day simple moving average is $39.60.

About Grayscale Bitcoin Mini Trust

The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin.