Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Acquired by Gunderson Capital Management Inc.

Gunderson Capital Management Inc. boosted its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 4.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,259 shares of the company’s stock after buying an additional 368 shares during the quarter. Bitwise Bitcoin ETF accounts for approximately 0.2% of Gunderson Capital Management Inc.’s investment portfolio, making the stock its 23rd largest position. Gunderson Capital Management Inc.’s holdings in Bitwise Bitcoin ETF were worth $371,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of BITB. Millennium Management LLC increased its holdings in shares of Bitwise Bitcoin ETF by 26.1% in the fourth quarter. Millennium Management LLC now owns 3,727,692 shares of the company’s stock valued at $189,553,000 after buying an additional 772,144 shares in the last quarter. Proficio Capital Partners LLC boosted its stake in shares of Bitwise Bitcoin ETF by 6,348.2% during the 4th quarter. Proficio Capital Partners LLC now owns 2,102,749 shares of the company’s stock worth $106,925,000 after acquiring an additional 2,070,139 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Bitwise Bitcoin ETF by 281.8% in the 4th quarter. Jane Street Group LLC now owns 1,443,501 shares of the company’s stock worth $73,402,000 after acquiring an additional 1,065,404 shares during the last quarter. Boothbay Fund Management LLC grew its holdings in shares of Bitwise Bitcoin ETF by 60.5% in the 4th quarter. Boothbay Fund Management LLC now owns 1,104,412 shares of the company’s stock worth $56,159,000 after acquiring an additional 416,249 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its position in shares of Bitwise Bitcoin ETF by 23.6% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 914,800 shares of the company’s stock worth $46,518,000 after purchasing an additional 174,800 shares during the period.

Bitwise Bitcoin ETF Stock Down 0.9%

Shares of NYSEARCA BITB opened at $56.94 on Monday. Bitwise Bitcoin ETF has a 12 month low of $27.02 and a 12 month high of $60.98. The business has a fifty day simple moving average of $50.99 and a 200-day simple moving average of $51.49.

About Bitwise Bitcoin ETF

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.