Client 1ST Advisory Group LLC Takes Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Client 1ST Advisory Group LLC acquired a new position in Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 5,072 shares of the company’s stock, valued at approximately $258,000.

A number of other hedge funds have also bought and sold shares of BITB. Susquehanna International Group LLP grew its stake in shares of Bitwise Bitcoin ETF by 238.5% in the second quarter. Susquehanna International Group LLP now owns 1,898,597 shares of the company’s stock worth $62,065,000 after acquiring an additional 1,337,765 shares during the period. Millennium Management LLC grew its position in Bitwise Bitcoin ETF by 71.3% in the 2nd quarter. Millennium Management LLC now owns 1,979,534 shares of the company’s stock worth $64,711,000 after purchasing an additional 823,817 shares during the period. Orion Portfolio Solutions LLC raised its stake in Bitwise Bitcoin ETF by 4,033.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock valued at $9,585,000 after buying an additional 270,396 shares during the last quarter. Beaird Harris Wealth Management LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 135.7% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 211,994 shares of the company’s stock valued at $7,333,000 after buying an additional 122,045 shares during the period. Finally, DRW Securities LLC purchased a new position in shares of Bitwise Bitcoin ETF in the 2nd quarter worth $3,108,000.

Bitwise Bitcoin ETF Stock Up 4.4 %

Shares of BITB opened at $57.08 on Monday. Bitwise Bitcoin ETF has a one year low of $21.05 and a one year high of $59.07. The business has a fifty day moving average of $52.55 and a 200 day moving average of $40.59.

Bitwise Bitcoin ETF Company 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.