6,000 Shares in VanEck Bitcoin Strategy ETF (BATS:XBTF) Purchased by SVB Wealth LLC

SVB Wealth LLC bought a new position in shares of VanEck Bitcoin Strategy ETF (BATS:XBTFFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 6,000 shares of the company’s stock, valued at approximately $233,000. SVB Wealth LLC owned approximately 0.40% of VanEck Bitcoin Strategy ETF at the end of the most recent reporting period.

Separately, Assetmark Inc. bought a new position in VanEck Bitcoin Strategy ETF during the 3rd quarter worth about $152,000.

VanEck Bitcoin Strategy ETF Stock Performance

Shares of VanEck Bitcoin Strategy ETF stock opened at $39.22 on Tuesday. The business’s 50-day simple moving average is $39.22 and its 200-day simple moving average is $37.36.

VanEck Bitcoin Strategy ETF Profile

(Free Report)

The VanEck Bitcoin Strategy ETF (XBTF) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund gains indirect exposure by investing in front-month bitcoin futures contracts. XBTF was launched on Nov 15, 2021 and is managed by VanEck.

Further Reading

Receive News & Ratings for VanEck Bitcoin Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Bitcoin Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.