Kaleidoscope Capital LP Has $17.70 Million Stock Holdings in Grayscale Bitcoin Mini Trust ETF $BTC

Kaleidoscope Capital LP cut its stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 15.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 457,091 shares of the company’s stock after selling 86,255 shares during the quarter. Grayscale Bitcoin Mini Trust ETF makes up approximately 6.8% of Kaleidoscope Capital LP’s holdings, making the stock its 10th biggest position. Kaleidoscope Capital LP owned about 0.67% of Grayscale Bitcoin Mini Trust ETF worth $17,703,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in BTC. NewEdge Advisors LLC grew its stake in shares of Grayscale Bitcoin Mini Trust ETF by 287.2% during the 1st quarter. NewEdge Advisors LLC now owns 9,952 shares of the company’s stock valued at $363,000 after acquiring an additional 7,382 shares during the period. Cetera Investment Advisers grew its stake in shares of Grayscale Bitcoin Mini Trust ETF by 130.8% during the 2nd quarter. Cetera Investment Advisers now owns 14,338 shares of the company’s stock valued at $685,000 after acquiring an additional 8,127 shares during the period. Raymond James Financial Inc. grew its stake in shares of Grayscale Bitcoin Mini Trust ETF by 33.8% during the 2nd quarter. Raymond James Financial Inc. now owns 16,184 shares of the company’s stock valued at $773,000 after acquiring an additional 4,088 shares during the period. White Knight Strategic Wealth Advisors LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 2nd quarter valued at approximately $224,000. Finally, Benjamin Edwards Inc. bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 2nd quarter valued at approximately $468,000. 27.38% of the stock is currently owned by institutional investors.

Grayscale Bitcoin Mini Trust ETF Trading Up 0.1%

Shares of NYSEARCA:BTC opened at $28.13 on Friday. The stock has a 50 day moving average of $32.58 and a 200 day moving average of $34.50. Grayscale Bitcoin Mini Trust ETF has a 12-month low of $26.14 and a 12-month high of $55.96.

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.