SG Americas Securities LLC lowered its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 59.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,014 shares of the company’s stock after selling 14,382 shares during the period. SG Americas Securities LLC’s holdings in iShares Bitcoin Trust ETF were worth $497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also made changes to their positions in IBIT. McIlrath & Eck LLC boosted its position in shares of iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after purchasing an additional 163 shares during the period. Vivaldi Capital Management LP boosted its position in shares of iShares Bitcoin Trust ETF by 3.3% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares during the period. Howard Capital Management Group LLC boosted its position in shares of iShares Bitcoin Trust ETF by 0.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after purchasing an additional 165 shares during the period. Encompass Wealth Advisors LLC boosted its position in shares of iShares Bitcoin Trust ETF by 2.2% during the 3rd quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock worth $498,000 after purchasing an additional 165 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its position in shares of iShares Bitcoin Trust ETF by 3.3% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock worth $345,000 after purchasing an additional 172 shares during the period.
iShares Bitcoin Trust ETF Price Performance
NASDAQ:IBIT opened at $41.56 on Monday. The company has a 50 day moving average price of $39.34 and a 200 day moving average price of $49.93. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82.
More iShares Bitcoin Trust ETF News
- Positive Sentiment: Short interest fell meaningfully in late March — shorted shares were 13,094,945 as of March 31, down 28.6% from March 15; the short‑interest ratio was ~0.3 days and short interest represented about 0.9% of shares. Reduced shorting can remove a near‑term source of downward pressure.
- Neutral Sentiment: Analysis suggests BlackRock (IBIT sponsor) may not cut IBIT’s fee despite Morgan Stanley’s cheaper offering, implying fee stability for IBIT unless MSBT posts sustained, large inflows. 2 Conditions That Could Force BlackRock to Cut IBIT Fees After MSBT’s Undercut
- Neutral Sentiment: Broader crypto ETF narratives are shifting (tokenization, stablecoins gaining traction), which is a structural tailwind for crypto products over time but is not an immediate bid for any single ETF. Crypto ETFs: 2026 Reveals Key Crypto Trends
- Negative Sentiment: Morgan Stanley launched a spot Bitcoin ETF (MSBT) with a 0.14% expense ratio and pulled sizable day‑one flows (reports of ~$31–34M), creating a cheaper alternative that could siphon flows from incumbent ETFs like IBIT. Morgan Stanley launches Bitcoin ETF with lowest fees in the game, and demand is already surging
- Negative Sentiment: Industry data show continued net outflows across Bitcoin ETFs even after MSBT’s debut, suggesting MSBT’s initial inflows may not fully reverse broader outflows and could intensify competition for limited investor demand. Bitcoin ETF bleed continues: MSBT fails to reverse flows despite $31 million inflows on debut
- Neutral Sentiment: Multiple outlets cover MSBT’s launch and initial asset draw; watch ongoing daily flows — sustained MSBT gains would be the principal downside risk to IBIT’s AUM and relative performance. Morgan Stanley Bitcoin ETF Draws In $31M on First Trading Day
About iShares Bitcoin Trust ETF
The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.
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