Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Purchased by White Knight Strategic Wealth Advisors LLC

White Knight Strategic Wealth Advisors LLC raised its position in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 11.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 104,027 shares of the company’s stock after purchasing an additional 10,874 shares during the period. Bitwise Bitcoin ETF makes up about 3.3% of White Knight Strategic Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. White Knight Strategic Wealth Advisors LLC’s holdings in Bitwise Bitcoin ETF were worth $3,598,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Susquehanna International Group LLP raised its position in shares of Bitwise Bitcoin ETF by 238.5% during the second quarter. Susquehanna International Group LLP now owns 1,898,597 shares of the company’s stock worth $62,065,000 after purchasing an additional 1,337,765 shares during the period. Millennium Management LLC raised its holdings in Bitwise Bitcoin ETF by 71.3% during the 2nd quarter. Millennium Management LLC now owns 1,979,534 shares of the company’s stock worth $64,711,000 after buying an additional 823,817 shares during the period. Hunting Hill Global Capital LLC bought a new position in Bitwise Bitcoin ETF in the second quarter valued at approximately $18,315,000. Advance Capital Management Inc. acquired a new position in shares of Bitwise Bitcoin ETF in the second quarter valued at approximately $3,270,000. Finally, DRW Securities LLC bought a new stake in shares of Bitwise Bitcoin ETF during the second quarter worth $3,108,000.

Bitwise Bitcoin ETF Stock Performance

Shares of NYSEARCA:BITB opened at $52.93 on Friday. Bitwise Bitcoin ETF has a 12 month low of $21.05 and a 12 month high of $54.39. The company’s fifty day simple moving average is $40.64 and its 200 day simple moving average is $36.42.

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.