Austin Wealth Management LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 17,429 shares of the company’s stock, valued at approximately $701,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BTC. McIlrath & Eck LLC increased its holdings in Grayscale Bitcoin Mini Trust ETF by 177.2% in the third quarter. McIlrath & Eck LLC now owns 499 shares of the company’s stock valued at $25,000 after purchasing an additional 319 shares during the last quarter. Strategic Advocates LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF in the third quarter valued at about $28,000. Measured Wealth Private Client Group LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF in the third quarter valued at about $34,000. Flagship Harbor Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF in the fourth quarter valued at about $27,000. Finally, Westfuller Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF in the third quarter valued at about $41,000. 27.38% of the stock is owned by institutional investors.
Grayscale Bitcoin Mini Trust ETF Stock Up 1.0%
Shares of BTC stock opened at $33.21 on Thursday. The stock has a 50-day moving average of $30.66 and a 200-day moving average of $38.70. Grayscale Bitcoin Mini Trust ETF has a one year low of $27.55 and a one year high of $55.96.
Grayscale Bitcoin Mini Trust ETF Company 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.
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