Ascension Capital Advisors Inc. Makes New Investment in Grayscale Bitcoin Mini Trust ETF $BTC

Ascension Capital Advisors Inc. bought a new position in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 137,147 shares of the company’s stock, valued at approximately $4,113,000. Grayscale Bitcoin Mini Trust ETF comprises 1.3% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its 13th largest position. Ascension Capital Advisors Inc. owned about 0.12% of Grayscale Bitcoin Mini Trust ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust ETF during the fourth quarter valued at $27,000. Cornerstone Planning Group LLC grew its position in shares of Grayscale Bitcoin Mini Trust ETF by 498.7% during the first quarter. Cornerstone Planning Group LLC now owns 958 shares of the company’s stock valued at $29,000 after purchasing an additional 798 shares in the last quarter. Abound Financial LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF in the fourth quarter worth $34,000. Measured Wealth Private Client Group LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 3rd quarter valued at approximately $34,000. Finally, Quattro Advisors LLC purchased a new stake in Grayscale Bitcoin Mini Trust ETF in the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

Grayscale Bitcoin Mini Trust ETF stock opened at $29.14 on Thursday. Grayscale Bitcoin Mini Trust ETF has a 1 year low of $25.65 and a 1 year high of $55.96. The firm has a 50-day moving average of $29.41 and a two-hundred day moving average of $32.21.

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.