Vance Wealth Inc. Has $866,000 Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Vance Wealth Inc. increased its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 20.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 25,027 shares of the company’s stock after purchasing an additional 4,177 shares during the quarter. Vance Wealth Inc.’s holdings in Bitwise Bitcoin ETF were worth $866,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Millennium Management LLC raised its holdings in Bitwise Bitcoin ETF by 71.3% in the 2nd quarter. Millennium Management LLC now owns 1,979,534 shares of the company’s stock valued at $64,711,000 after acquiring an additional 823,817 shares in the last quarter. Susquehanna International Group LLP raised its holdings in Bitwise Bitcoin ETF by 238.5% in the 2nd quarter. Susquehanna International Group LLP now owns 1,898,597 shares of the company’s stock valued at $62,065,000 after acquiring an additional 1,337,765 shares in the last quarter. Jane Street Group LLC acquired a new position in Bitwise Bitcoin ETF in the 1st quarter valued at $53,788,000. IMC Chicago LLC raised its holdings in Bitwise Bitcoin ETF by 9.3% in the 3rd quarter. IMC Chicago LLC now owns 646,743 shares of the company’s stock valued at $22,371,000 after acquiring an additional 55,092 shares in the last quarter. Finally, Hunting Hill Global Capital LLC acquired a new position in Bitwise Bitcoin ETF in the 2nd quarter valued at $18,315,000.

Bitwise Bitcoin ETF Stock Up 0.1 %

Shares of NYSEARCA BITB opened at $49.92 on Tuesday. The business has a fifty day moving average price of $36.74 and a two-hundred day moving average price of $35.15. Bitwise Bitcoin ETF has a fifty-two week low of $21.05 and a fifty-two week high of $50.97.

Bitwise Bitcoin ETF Company 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.