Grayscale Bitcoin Mini Trust ETF $BTC Stake Reduced by Brookstone Capital Management

Brookstone Capital Management cut its stake in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 63.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,647 shares of the company’s stock after selling 21,996 shares during the period. Brookstone Capital Management’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $490,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in BTC. McIlrath & Eck LLC grew its position in shares of Grayscale Bitcoin Mini Trust ETF by 177.2% during the third quarter. McIlrath & Eck LLC now owns 499 shares of the company’s stock worth $25,000 after acquiring an additional 319 shares during the last quarter. Strategic Advocates LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the 3rd quarter worth about $28,000. Measured Wealth Private Client Group LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF in the 3rd quarter valued at about $34,000. Westfuller Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF in the 3rd quarter valued at about $41,000. Finally, ORG Partners LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 55.7% during the 3rd quarter. ORG Partners LLC now owns 889 shares of the company’s stock valued at $45,000 after purchasing an additional 318 shares during the period. 27.38% of the stock is currently owned by institutional investors.

Grayscale Bitcoin Mini Trust ETF Stock Performance

NYSEARCA BTC opened at $29.65 on Monday. Grayscale Bitcoin Mini Trust ETF has a 52 week low of $27.55 and a 52 week high of $55.96. The company has a 50-day moving average price of $31.40 and a two-hundred day moving average price of $39.63.

Grayscale Bitcoin Mini Trust ETF 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.