Assetmark Inc. Acquires 188,468 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Assetmark Inc. lifted its holdings in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 448,733.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 188,510 shares of the company’s stock after purchasing an additional 188,468 shares during the quarter. Assetmark Inc. owned 0.28% of Grayscale Bitcoin Mini Trust ETF worth $7,301,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BTC. Paragon Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter worth $25,913,000. SteelPeak Wealth LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF during the third quarter worth $30,477,000. Millennium Management LLC raised its position in Grayscale Bitcoin Mini Trust ETF by 25.0% during the third quarter. Millennium Management LLC now owns 2,500,165 shares of the company’s stock worth $126,583,000 after acquiring an additional 500,522 shares in the last quarter. Emory University raised its position in Grayscale Bitcoin Mini Trust ETF by 91.0% during the third quarter. Emory University now owns 1,023,417 shares of the company’s stock worth $51,816,000 after acquiring an additional 487,636 shares in the last quarter. Finally, Elequin Capital LP raised its position in Grayscale Bitcoin Mini Trust ETF by 165.7% during the third quarter. Elequin Capital LP now owns 361,194 shares of the company’s stock worth $18,287,000 after acquiring an additional 225,270 shares in the last quarter. Institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Stock Up 2.8%

NYSEARCA BTC opened at $34.30 on Friday. The firm’s fifty day moving average price is $30.83 and its two-hundred day moving average price is $38.46. Grayscale Bitcoin Mini Trust ETF has a 1 year low of $27.55 and a 1 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.