Grayscale Bitcoin Mini Trust ETF $BTC Shares Newly Acquired by RHL Group LLC

RHL Group LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 67,023 shares of the company’s stock, valued at approximately $2,476,000. Grayscale Bitcoin Mini Trust ETF comprises about 1.7% of RHL Group LLC’s holdings, making the stock its 14th biggest position. RHL Group LLC owned about 0.06% of Grayscale Bitcoin Mini Trust ETF at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. R. W. Roge & Company Inc. grew its position in shares of Grayscale Bitcoin Mini Trust ETF by 4.8% in the 3rd quarter. R. W. Roge & Company Inc. now owns 91,443 shares of the company’s stock worth $3,379,000 after buying an additional 4,205 shares during the last quarter. 180 Wealth Advisors LLC raised its stake in shares of Grayscale Bitcoin Mini Trust ETF by 168.8% during the 3rd quarter. 180 Wealth Advisors LLC now owns 48,324 shares of the company’s stock worth $1,786,000 after acquiring an additional 30,343 shares in the last quarter. Guild Investment Management Inc. lifted its position in Grayscale Bitcoin Mini Trust ETF by 66.2% during the third quarter. Guild Investment Management Inc. now owns 30,640 shares of the company’s stock valued at $1,132,000 after acquiring an additional 12,200 shares during the last quarter. StoneX Group Inc. purchased a new stake in Grayscale Bitcoin Mini Trust ETF during the third quarter valued at approximately $297,000. Finally, Heritage Family Offices LLP boosted its stake in Grayscale Bitcoin Mini Trust ETF by 15.3% in the third quarter. Heritage Family Offices LLP now owns 236,964 shares of the company’s stock valued at $8,756,000 after acquiring an additional 31,487 shares in the last quarter. 27.38% of the stock is currently owned by institutional investors.

Trending Headlines about Grayscale Bitcoin Mini Trust ETF

Here are the key news stories impacting Grayscale Bitcoin Mini Trust ETF this week:

• Positive Sentiment: A Labor Department rule that could allow Bitcoin in 401(k) menus is in final White House review. If adopted and offered by employers, it may eventually broaden access to retirement-plan capital, although the timing and reach remain unclear. Article: The 401(k) Crypto Rule Is in Its Final White House Review
• Neutral Sentiment: Bitcoin’s tax-loss harvesting rules may let investors sell at a loss and buy back sooner than they could with stocks. However, pending legislation and other tax considerations could change the strategy; the article does not point to a clear near-term catalyst for BTC. Article: Crypto Has No Wash-Sale Rule
• Negative Sentiment: Bitcoin ETFs reportedly saw $1.3 billion in outflows over a week, signaling weaker demand for the products and potentially adding pressure to Bitcoin-linked funds such as BTC. The article notes that one fund accounted for nearly all the selling but does not identify it in the summary. Article: Bitcoin ETFs Shed $1.3 Billion in a Week
• Negative Sentiment: Bitcoin was heading toward a fifth consecutive losing week, while large Hyperliquid traders had turned net short. Those signals add to near-term bearish sentiment, though the article notes that traders’ past calls have had mixed results. Article: Bitcoin Is Heading for a Fifth Straight Losing Week

Grayscale Bitcoin Mini Trust ETF Stock Performance

Shares of BTC opened at $33.50 on Monday. The company has a 50 day moving average of $35.76 and a two-hundred day moving average of $32.26. Grayscale Bitcoin Mini Trust ETF has a twelve month low of $25.65 and a twelve month high of $47.07.

About Grayscale Bitcoin Mini Trust ETF

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.