Schonfeld Strategic Advisors LLC grew its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) by 23.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 914,800 shares of the company’s stock after acquiring an additional 174,800 shares during the quarter. Schonfeld Strategic Advisors LLC’s holdings in Bitwise Bitcoin ETF were worth $46,518,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in BITB. Gleason Group Inc. acquired a new stake in shares of Bitwise Bitcoin ETF during the fourth quarter worth about $25,000. VisionPoint Advisory Group LLC acquired a new stake in shares of Bitwise Bitcoin ETF during the fourth quarter worth about $56,000. Signaturefd LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 819.7% during the fourth quarter. Signaturefd LLC now owns 1,214 shares of the company’s stock worth $62,000 after purchasing an additional 1,082 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of Bitwise Bitcoin ETF during the fourth quarter worth about $66,000. Finally, Hollencrest Capital Management lifted its holdings in shares of Bitwise Bitcoin ETF by 257.2% during the fourth quarter. Hollencrest Capital Management now owns 1,518 shares of the company’s stock worth $77,000 after purchasing an additional 1,093 shares during the period.
Bitwise Bitcoin ETF Stock Down 0.7 %
Bitwise Bitcoin ETF stock opened at $51.59 on Tuesday. The stock has a 50-day moving average price of $46.69 and a 200 day moving average price of $48.75. Bitwise Bitcoin ETF has a 52 week low of $27.02 and a 52 week high of $59.07.
Bitwise Bitcoin ETF Profile
The Bitwise Bitcoin ETF Trust (BITB) 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 price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.
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