Pasadena Private Wealth LLC Invests $884,000 in Bitwise 10 Crypto Index ETF $BITW

Pasadena Private Wealth LLC purchased a new position in shares of Bitwise 10 Crypto Index ETF (NYSEARCA:BITW) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,816 shares of the ETF’s stock, valued at approximately $884,000.

Separately, Brandywine Oak Private Wealth LLC boosted its stake in Bitwise 10 Crypto Index ETF by 14.4% in the first quarter. Brandywine Oak Private Wealth LLC now owns 101,772 shares of the ETF’s stock valued at $4,540,000 after acquiring an additional 12,841 shares during the last quarter.

Bitwise 10 Crypto Index ETF Stock Performance

Shares of BITW stock opened at $38.14 on Monday. The firm has a 50 day simple moving average of $46.29. Bitwise 10 Crypto Index ETF has a 52-week low of $37.20 and a 52-week high of $86.70.

Bitwise 10 Crypto Index ETF (NYSEARCA:BITW) is an exchange-traded fund that provides investors with diversified exposure to major digital assets through a single, U.S.-listed security. The fund is managed by Bitwise Asset Management, a firm that specializes in cryptocurrency index products and investment solutions. BITW is designed to reflect the performance of a rules-based index composed of leading cryptocurrencies, offering a convenient way for investors to gain broad crypto market exposure without directly holding private keys or managing multiple wallets.

The fund’s underlying index targets the largest, investable cryptocurrencies and applies an objective methodology to select and weight constituents, with periodic rebalancing to reflect changes in the market.