Optima Capital LLC Acquires 9,964 Shares of Bitwise Bitcoin ETF $BITB

Optima Capital LLC lifted its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 19.0% during the 3rd quarter, Holdings Channel reports. The firm owned 62,467 shares of the company’s stock after purchasing an additional 9,964 shares during the period. Bitwise Bitcoin ETF makes up 1.9% of Optima Capital LLC’s holdings, making the stock its 13th largest holding. Optima Capital LLC’s holdings in Bitwise Bitcoin ETF were worth $3,887,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Moisand Fitzgerald Tamayo LLC increased its stake in Bitwise Bitcoin ETF by 2.8% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 5,999 shares of the company’s stock worth $351,000 after acquiring an additional 164 shares during the period. Gunderson Capital Management Inc. grew its holdings in shares of Bitwise Bitcoin ETF by 4.7% during the 3rd quarter. Gunderson Capital Management Inc. now owns 4,120 shares of the company’s stock worth $256,000 after purchasing an additional 184 shares in the last quarter. Advisory Resource Group increased its position in shares of Bitwise Bitcoin ETF by 5.3% in the third quarter. Advisory Resource Group now owns 3,705 shares of the company’s stock worth $231,000 after purchasing an additional 185 shares during the period. Leverty Financial Group LLC raised its stake in Bitwise Bitcoin ETF by 2.4% in the third quarter. Leverty Financial Group LLC now owns 9,409 shares of the company’s stock valued at $585,000 after purchasing an additional 224 shares in the last quarter. Finally, FF Advisors LLC raised its stake in Bitwise Bitcoin ETF by 0.6% in the second quarter. FF Advisors LLC now owns 36,314 shares of the company’s stock valued at $2,128,000 after purchasing an additional 226 shares in the last quarter.

Bitwise Bitcoin ETF Trading Up 3.3%

Shares of Bitwise Bitcoin ETF stock opened at $51.34 on Wednesday. Bitwise Bitcoin ETF has a 12-month low of $41.17 and a 12-month high of $68.74. The firm’s 50-day moving average price is $49.64 and its two-hundred day moving average price is $57.67.

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.