Tidal Investments LLC Has $10.74 Million Stake in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Tidal Investments LLC increased its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 211,223 shares of the company’s stock after purchasing an additional 9,426 shares during the quarter. Tidal Investments LLC’s holdings in Bitwise Bitcoin ETF were worth $10,741,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Signaturefd LLC lifted its stake in Bitwise Bitcoin ETF by 819.7% in the fourth quarter. Signaturefd LLC now owns 1,214 shares of the company’s stock valued at $62,000 after acquiring an additional 1,082 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of Bitwise Bitcoin ETF by 52.1% during the 4th quarter. Avior Wealth Management LLC now owns 3,042 shares of the company’s stock worth $155,000 after buying an additional 1,042 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Bitwise Bitcoin ETF by 85.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,369 shares of the company’s stock worth $120,000 after buying an additional 1,091 shares during the last quarter. HighTower Advisors LLC increased its position in Bitwise Bitcoin ETF by 24.2% during the fourth quarter. HighTower Advisors LLC now owns 34,917 shares of the company’s stock worth $1,776,000 after acquiring an additional 6,810 shares during the period. Finally, VisionPoint Advisory Group LLC bought a new position in Bitwise Bitcoin ETF during the fourth quarter worth about $56,000.

Bitwise Bitcoin ETF Stock Up 0.9%

NYSEARCA:BITB opened at $56.64 on Monday. Bitwise Bitcoin ETF has a 52 week low of $27.02 and a 52 week high of $59.07. The firm’s 50-day simple moving average is $48.45 and its 200 day simple moving average is $50.40.

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.