Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Acquired by Virtu Financial LLC

Virtu Financial LLC boosted its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 284.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,634 shares of the company’s stock after acquiring an additional 55,234 shares during the quarter. Virtu Financial LLC’s holdings in Bitwise Bitcoin ETF were worth $2,582,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Soltis Investment Advisors LLC raised its position in shares of Bitwise Bitcoin ETF by 39.4% during the 3rd quarter. Soltis Investment Advisors LLC now owns 95,870 shares of the company’s stock worth $3,316,000 after buying an additional 27,103 shares in the last quarter. Orion Portfolio Solutions LLC increased its stake in shares of Bitwise Bitcoin ETF by 4,033.4% during the third quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock valued at $9,585,000 after acquiring an additional 270,396 shares during the period. Kovitz Investment Group Partners LLC bought a new stake in Bitwise Bitcoin ETF during the third quarter worth approximately $1,401,000. Quadrature Capital Ltd acquired a new stake in Bitwise Bitcoin ETF in the third quarter worth approximately $216,000. Finally, TRUE Private Wealth Advisors lifted its position in Bitwise Bitcoin ETF by 9.2% in the third quarter. TRUE Private Wealth Advisors now owns 17,442 shares of the company’s stock worth $603,000 after purchasing an additional 1,471 shares during the period.

Bitwise Bitcoin ETF Trading Down 1.3 %

Shares of BITB stock opened at $54.51 on Friday. Bitwise Bitcoin ETF has a 1 year low of $21.05 and a 1 year high of $56.56. The business’s fifty day moving average is $44.09 and its 200-day moving average is $37.49.

Bitwise Bitcoin ETF Profile

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.