Elm Partners Management LLC purchased a new stake in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 27,600 shares of the company’s stock, valued at approximately $1,069,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter valued at approximately $27,000. Strategic Advocates LLC acquired a new position in Grayscale Bitcoin Mini Trust ETF during the third quarter worth $28,000. Measured Wealth Private Client Group LLC acquired a new position in Grayscale Bitcoin Mini Trust ETF during the third quarter worth $34,000. Ares Financial Consulting LLC acquired a new position in Grayscale Bitcoin Mini Trust ETF during the fourth quarter worth $40,000. Finally, Silicon Valley Capital Partners boosted its holdings in Grayscale Bitcoin Mini Trust ETF by 215.3% during the third quarter. Silicon Valley Capital Partners now owns 1,009 shares of the company’s stock worth $51,000 after purchasing an additional 689 shares during the last quarter. Institutional investors and hedge funds own 27.38% of the company’s stock.
Grayscale Bitcoin Mini Trust ETF Stock Performance
Shares of BTC opened at $32.48 on Monday. Grayscale Bitcoin Mini Trust ETF has a 12 month low of $27.55 and a 12 month high of $55.96. The firm has a fifty day simple moving average of $32.99 and a 200 day simple moving average of $35.37.
About Grayscale Bitcoin Mini Trust ETF
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.
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Want to see what other hedge funds are holding BTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report).
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