Bitwise Bitcoin ETF $BITB Shares Acquired by Freestone Capital Holdings LLC

Freestone Capital Holdings LLC grew its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 23.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 22,512 shares of the company’s stock after acquiring an additional 4,307 shares during the quarter. Freestone Capital Holdings LLC’s holdings in Bitwise Bitcoin ETF were worth $1,319,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Intellectus Partners LLC boosted its holdings in Bitwise Bitcoin ETF by 10.2% in the second quarter. Intellectus Partners LLC now owns 10,800 shares of the company’s stock valued at $633,000 after purchasing an additional 1,000 shares in the last quarter. Beam Wealth Advisors Inc. raised its holdings in Bitwise Bitcoin ETF by 2.8% during the second quarter. Beam Wealth Advisors Inc. now owns 93,931 shares of the company’s stock worth $5,503,000 after purchasing an additional 2,558 shares in the last quarter. Kesler Norman & Wride LLC purchased a new stake in shares of Bitwise Bitcoin ETF during the 2nd quarter worth approximately $1,076,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of Bitwise Bitcoin ETF by 42.5% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 6,659 shares of the company’s stock valued at $390,000 after buying an additional 1,987 shares in the last quarter. Finally, Quaker Wealth Management LLC grew its position in shares of Bitwise Bitcoin ETF by 195.3% in the 2nd quarter. Quaker Wealth Management LLC now owns 2,530 shares of the company’s stock valued at $148,000 after buying an additional 5,185 shares during the last quarter.

Bitwise Bitcoin ETF Trading Down 2.8%

Shares of NYSEARCA:BITB opened at $57.98 on Tuesday. Bitwise Bitcoin ETF has a 12 month low of $36.56 and a 12 month high of $68.74. The company’s fifty day moving average price is $61.64 and its 200 day moving average price is $59.83.

About Bitwise Bitcoin ETF

The Bitwise Bitcoin ETF Trust (BITB) 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 price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.