Solstein Capital LLC Grows Holdings in iShares Bitcoin Trust ETF $IBIT

Solstein Capital LLC lifted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 20.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,318 shares of the company’s stock after buying an additional 7,035 shares during the quarter. iShares Bitcoin Trust ETF makes up about 1.2% of Solstein Capital LLC’s holdings, making the stock its 18th biggest holding. Solstein Capital LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,529,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Signature Wealth Management Group purchased a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $214,000. Envestnet Asset Management Inc. grew its position in shares of iShares Bitcoin Trust ETF by 43.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 465,084 shares of the company’s stock worth $28,467,000 after buying an additional 139,843 shares during the period. Atlatl Advisers LLC grew its position in shares of iShares Bitcoin Trust ETF by 220.6% in the 2nd quarter. Atlatl Advisers LLC now owns 293,047 shares of the company’s stock worth $17,937,000 after buying an additional 201,650 shares during the period. Darden Wealth Group Inc purchased a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $207,000. Finally, Anthracite Investment Company Inc. purchased a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $8,808,000.

iShares Bitcoin Trust ETF Stock Up 0.4%

NASDAQ:IBIT opened at $62.83 on Monday. iShares Bitcoin Trust ETF has a 1-year low of $37.47 and a 1-year high of $71.82. The firm’s 50-day moving average price is $64.60 and its 200-day moving average price is $61.74.

iShares Bitcoin Trust ETF Company Profile

The IShares Bitcoin Trust Registered (IBIT) 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 spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.