Pasadena Private Wealth LLC Raises Holdings in Grayscale Bitcoin Mini Trust ETF $BTC

Pasadena Private Wealth LLC boosted its holdings in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 32.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 221,111 shares of the company’s stock after acquiring an additional 53,884 shares during the quarter. Grayscale Bitcoin Mini Trust ETF comprises 1.6% of Pasadena Private Wealth LLC’s holdings, making the stock its 15th largest holding. Pasadena Private Wealth LLC owned approximately 0.32% of Grayscale Bitcoin Mini Trust ETF worth $11,195,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of BTC. SteelPeak Wealth LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 3rd quarter worth $30,477,000. Ovata Capital Management Ltd acquired a new position in Grayscale Bitcoin Mini Trust ETF in the second quarter valued at about $27,107,000. Beacon Harbor Wealth Advisors Inc. purchased a new position in Grayscale Bitcoin Mini Trust ETF during the second quarter worth about $11,374,000. HBK Investments L P acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF during the second quarter valued at about $10,825,000. Finally, Riversedge Advisors LLC raised its stake in shares of Grayscale Bitcoin Mini Trust ETF by 154.4% in the 3rd quarter. Riversedge Advisors LLC now owns 226,288 shares of the company’s stock valued at $11,457,000 after acquiring an additional 137,354 shares during the period. Institutional investors and hedge funds own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Stock Performance

Shares of BTC stock opened at $39.94 on Friday. The firm’s 50 day moving average price is $40.62 and its 200-day moving average price is $47.06. Grayscale Bitcoin Mini Trust ETF has a one year low of $33.53 and a one year high of $55.96.

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.