10,022 Shares in Grayscale Bitcoin Trust ETF $GBTC Acquired by Vise Technologies Inc.

Vise Technologies Inc. acquired a new stake in Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,022 shares of the company’s stock, valued at approximately $647,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Blue Fin Capital Inc. acquired a new stake in shares of Grayscale Bitcoin Trust ETF in the 3rd quarter valued at $201,000. Modera Wealth Management LLC bought a new position in Grayscale Bitcoin Trust ETF in the third quarter valued at approximately $227,000. International Assets Investment Management LLC grew its holdings in Grayscale Bitcoin Trust ETF by 5,295.7% during the 3rd quarter. International Assets Investment Management LLC now owns 300,000 shares of the company’s stock worth $19,377,000 after acquiring an additional 294,440 shares during the period. Partners Wealth Management LLC bought a new stake in shares of Grayscale Bitcoin Trust ETF during the 3rd quarter valued at $484,000. Finally, Choreo LLC lifted its stake in shares of Grayscale Bitcoin Trust ETF by 1.0% in the 3rd quarter. Choreo LLC now owns 22,333 shares of the company’s stock valued at $1,442,000 after purchasing an additional 212 shares during the period.

Grayscale Bitcoin Trust ETF Trading Down 1.4%

NYSEARCA GBTC opened at $56.83 on Wednesday. Grayscale Bitcoin Trust ETF has a 12 month low of $44.98 and a 12 month high of $82.14. The stock has a 50-day simple moving average of $62.36 and a 200 day simple moving average of $56.47. The company has a market capitalization of $11.02 billion, a PE ratio of 2.23 and a beta of 2.04.

Grayscale Bitcoin Trust ETF Company Profile

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.