25 LLC Takes Position in Grayscale Bitcoin Trust ETF $GBTC

25 LLC bought a new stake in Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,610 shares of the company’s stock, valued at approximately $221,000.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Grayscale Bitcoin Trust ETF by 34.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,318 shares of the company’s stock valued at $86,000 after purchasing an additional 341 shares during the last quarter. Integrity Alliance LLC. bought a new position in Grayscale Bitcoin Trust ETF during the 1st quarter worth approximately $216,000. Bank of America Corp DE boosted its stake in Grayscale Bitcoin Trust ETF by 1,700.8% during the 4th quarter. Bank of America Corp DE now owns 2,161 shares of the company’s stock worth $160,000 after acquiring an additional 2,041 shares during the last quarter. Colonial Trust Advisors boosted its stake in Grayscale Bitcoin Trust ETF by 24.8% during the 1st quarter. Colonial Trust Advisors now owns 1,760 shares of the company’s stock worth $115,000 after acquiring an additional 350 shares during the last quarter. Finally, Csenge Advisory Group boosted its stake in Grayscale Bitcoin Trust ETF by 32.8% during the 1st quarter. Csenge Advisory Group now owns 7,790 shares of the company’s stock worth $523,000 after acquiring an additional 1,922 shares during the last quarter.

Grayscale Bitcoin Trust ETF Price Performance

Grayscale Bitcoin Trust ETF stock opened at $94.93 on Friday. The company’s 50 day simple moving average is $89.93 and its 200 day simple moving average is $82.57. Grayscale Bitcoin Trust ETF has a fifty-two week low of $46.83 and a fifty-two week high of $96.62. The firm has a market capitalization of $22.85 billion, a price-to-earnings ratio of 2.23 and a beta of 2.47.

Grayscale Bitcoin Trust ETF Profile

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.