Samalin Investment Counsel LLC Acquires 37,316 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Samalin Investment Counsel LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 37,316 shares of the company’s stock, valued at approximately $1,379,000.

A number of other hedge funds have also recently modified their holdings of the business. Cornerstone Planning Group LLC increased its stake in shares of Grayscale Bitcoin Mini Trust ETF by 498.7% in the 1st quarter. Cornerstone Planning Group LLC now owns 958 shares of the company’s stock worth $29,000 after acquiring an additional 798 shares in the last quarter. Western Wealth Management LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF during the 1st quarter valued at about $46,000. Global Assets Advisory LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF during the first quarter worth about $51,000. Ascentis Independent Advisors bought a new stake in Grayscale Bitcoin Mini Trust ETF during the first quarter worth about $58,000. Finally, Ares Financial Consulting LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 104.3% during the second quarter. Ares Financial Consulting LLC now owns 3,324 shares of the company’s stock worth $86,000 after acquiring an additional 1,697 shares in the last quarter. Institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Stock Performance

Shares of BTC opened at $35.89 on Monday. Grayscale Bitcoin Mini Trust ETF has a fifty-two week low of $25.65 and a fifty-two week high of $51.43. The firm’s 50-day simple moving average is $35.39 and its two-hundred day simple moving average is $32.18.

Grayscale Bitcoin Mini Trust ETF 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.