iShares Bitcoin Trust ETF $IBIT Shares Bought by Glaxis Capital Management LLC

Glaxis Capital Management LLC boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 338.3% during the third quarter, HoldingsChannel.com reports. The firm owned 58,300 shares of the company’s stock after purchasing an additional 45,000 shares during the period. iShares Bitcoin Trust ETF makes up approximately 6.2% of Glaxis Capital Management LLC’s holdings, making the stock its 3rd largest holding. Glaxis Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,790,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Capula Management Ltd lifted its position in shares of iShares Bitcoin Trust ETF by 22.5% during the 2nd quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock valued at $580,346,000 after buying an additional 1,739,073 shares in the last quarter. Sculptor Capital LP grew its position in shares of iShares Bitcoin Trust ETF by 59.5% in the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after purchasing an additional 1,673,788 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares Bitcoin Trust ETF by 1,119.9% during the second quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock worth $196,916,000 after purchasing an additional 2,953,342 shares in the last quarter. Mint Tower Capital Management B.V. raised its position in shares of iShares Bitcoin Trust ETF by 1,131.5% during the 2nd quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock worth $174,405,000 after purchasing an additional 2,617,925 shares during the last quarter. Finally, Harvard Management Co. Inc. acquired a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth about $116,666,000.

iShares Bitcoin Trust ETF Trading Up 5.2%

NASDAQ:IBIT opened at $38.97 on Friday. The stock has a 50 day moving average of $48.67 and a two-hundred day moving average of $57.23. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82.

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.