Titan Global Capital Management USA LLC raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 620,804 shares of the company’s stock after acquiring an additional 12,517 shares during the quarter. iShares Bitcoin Trust ETF accounts for about 4.4% of Titan Global Capital Management USA LLC’s investment portfolio, making the stock its 7th largest holding. Titan Global Capital Management USA LLC’s holdings in iShares Bitcoin Trust ETF were worth $30,823,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the company. McIlrath & Eck LLC grew its position in iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after acquiring an additional 163 shares in the last quarter. Vivaldi Capital Management LP grew its position in iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after acquiring an additional 163 shares in the last quarter. Thoroughbred Financial Services LLC grew its position in iShares Bitcoin Trust ETF by 3.3% in the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after acquiring an additional 172 shares in the last quarter. Consolidated Portfolio Review Corp grew its position in iShares Bitcoin Trust ETF by 2.3% in the third quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock valued at $510,000 after acquiring an additional 174 shares in the last quarter. Finally, Fusion Capital LLC grew its position in iShares Bitcoin Trust ETF by 3.7% in the third quarter. Fusion Capital LLC now owns 4,993 shares of the company’s stock valued at $311,000 after acquiring an additional 178 shares in the last quarter.
iShares Bitcoin Trust ETF Stock Up 0.2%
Shares of NASDAQ:IBIT opened at $41.63 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week high of $71.82. The company has a 50 day moving average of $42.26 and a two-hundred day moving average of $45.42.
iShares Bitcoin Trust ETF News Roundup
- Positive Sentiment: Some investors are still choosing IBIT over crypto exchanges, suggesting BlackRock’s brand and ETF structure remain appealing for beginners and long-term allocators. Bitcoin ETF News: Why Beginners Are Choosing BlackRock Over Crypto Exchanges
- Neutral Sentiment: Short interest data showed 0 shares reported, offering little evidence of bearish positioning in the stock itself, though the data appears incomplete and may not be meaningful for trading.
- Negative Sentiment: Multiple reports say IBIT has seen very large outflows, including a reported $527 million outflow and other sizable redemptions, signaling investors are pulling money from the ETF. BlackRock’s IBIT Bitcoin ETF sees $527 million outflow: What is going on?
- Negative Sentiment: BlackRock clients reportedly sold about $177 million worth of Bitcoin, extending the outflow trend and adding to near-term pressure on IBIT. BlackRock clients sell $177M worth of Bitcoin as IBIT outflows continue
- Negative Sentiment: News of a $1.29 billion dark pool/block sale in IBIT raised concerns that a large whale was unloading a major position, even though Bitcoin itself did not crash. Bitcoin ETF News: BlackRock’s $1.3Bn IBIT Dark Pool Sale – Why Didn’t BTC Crash?
- Negative Sentiment: Additional coverage said Bitcoin ETFs, including IBIT, are seeing a seven-day streak of withdrawals as investors step back from the “debasement trade,” which could weigh on sentiment for the ETF. Bitcoin ETFs and gold see outflows as investors retreat from the debasement trade
About iShares Bitcoin Trust ETF
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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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