Farther Finance Advisors LLC Invests $567,000 in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Farther Finance Advisors LLC acquired a new position in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 13,534 shares of the company’s stock, valued at approximately $567,000. Farther Finance Advisors LLC owned approximately 4.16% of Grayscale Bitcoin Mini Trust as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter worth $111,916,000. Horizon Kinetics Asset Management LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter worth $86,042,000. HighTower Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter worth $7,491,000. EagleClaw Capital Managment LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter worth $5,719,000. Finally, One Charles Private Wealth Services LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter worth $2,660,000.

Grayscale Bitcoin Mini Trust Price Performance

BTC opened at $37.54 on Monday. The stock’s fifty day moving average is $42.11 and its 200-day moving average is $37.25. Grayscale Bitcoin Mini Trust has a one year low of $22.00 and a one year high of $48.07.

Grayscale Bitcoin Mini Trust 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.