Condor Capital Management Makes New $954,000 Investment in Grayscale Bitcoin Mini Trust ETF $BTC

Condor Capital Management bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 18,837 shares of the company’s stock, valued at approximately $954,000.

Several other large investors have also recently made changes to their positions in BTC. Axxcess Wealth Management LLC raised its position in shares of Grayscale Bitcoin Mini Trust ETF by 25.1% in the third quarter. Axxcess Wealth Management LLC now owns 56,641 shares of the company’s stock worth $2,868,000 after acquiring an additional 11,352 shares during the period. Rothschild Investment LLC grew its position in shares of Grayscale Bitcoin Mini Trust ETF by 17.3% in the third quarter. Rothschild Investment LLC now owns 3,386 shares of the company’s stock valued at $171,000 after purchasing an additional 500 shares during the period. JPMorgan Chase & Co. increased its stake in Grayscale Bitcoin Mini Trust ETF by 4.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 78,581 shares of the company’s stock worth $3,979,000 after buying an additional 3,632 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Grayscale Bitcoin Mini Trust ETF by 4.9% in the 3rd quarter. HighTower Advisors LLC now owns 317,808 shares of the company’s stock valued at $16,091,000 after purchasing an additional 14,838 shares in the last quarter. Finally, Weil Company Inc. boosted its position in Grayscale Bitcoin Mini Trust ETF by 2.3% during the third quarter. Weil Company Inc. now owns 40,802 shares of the company’s stock worth $2,066,000 after acquiring an additional 925 shares during the last quarter. 27.38% of the stock is currently owned by institutional investors and hedge funds.

Grayscale Bitcoin Mini Trust ETF Trading Down 1.5%

Shares of Grayscale Bitcoin Mini Trust ETF stock opened at $29.97 on Wednesday. The business’s 50 day moving average price is $37.56 and its 200 day moving average price is $44.30. Grayscale Bitcoin Mini Trust ETF has a one year low of $27.55 and a one year high of $55.96.

Grayscale Bitcoin Mini Trust ETF Company Profile

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. BTC was launched on Jul 31, 2024 and is issued by Grayscale.