Financial Security Advisor Inc. raised its stake in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC – Free Report) by 33.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,826 shares of the company’s stock after acquiring an additional 24,521 shares during the quarter. Grayscale Bitcoin Mini Trust ETF makes up 0.7% of Financial Security Advisor Inc.’s holdings, making the stock its 27th biggest position. Financial Security Advisor Inc. owned approximately 0.14% of Grayscale Bitcoin Mini Trust ETF worth $3,789,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Johnson & White Wealth Management LLC raised its position in shares of Grayscale Bitcoin Mini Trust ETF by 8.6% in the fourth quarter. Johnson & White Wealth Management LLC now owns 22,391 shares of the company’s stock valued at $867,000 after purchasing an additional 1,767 shares during the period. VanderPol Investments L.L.C. raised its position in shares of Grayscale Bitcoin Mini Trust ETF by 4.4% in the fourth quarter. VanderPol Investments L.L.C. now owns 7,763 shares of the company’s stock valued at $301,000 after purchasing an additional 325 shares during the period. Independent Advisor Alliance bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter valued at approximately $677,000. Meridian Wealth Management LLC raised its position in shares of Grayscale Bitcoin Mini Trust ETF by 15.7% in the fourth quarter. Meridian Wealth Management LLC now owns 13,290 shares of the company’s stock valued at $515,000 after purchasing an additional 1,804 shares during the period. Finally, Blackhawk Capital Partners LLC raised its position in shares of Grayscale Bitcoin Mini Trust ETF by 38.2% in the fourth quarter. Blackhawk Capital Partners LLC now owns 8,088 shares of the company’s stock valued at $313,000 after purchasing an additional 2,236 shares during the period. 27.38% of the stock is currently owned by hedge funds and other institutional investors.
Grayscale Bitcoin Mini Trust ETF Price Performance
NYSEARCA BTC opened at $34.98 on Friday. The company’s 50 day moving average is $32.57 and its 200-day moving average is $36.42. Grayscale Bitcoin Mini Trust ETF has a 12-month low of $27.55 and a 12-month high of $55.96.
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.
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