Signaturefd LLC Increases Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Signaturefd LLC raised its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 819.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,214 shares of the company’s stock after purchasing an additional 1,082 shares during the quarter. Signaturefd LLC’s holdings in Bitwise Bitcoin ETF were worth $62,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of BITB. Gleason Group Inc. acquired a new stake in Bitwise Bitcoin ETF during the 4th quarter valued at $25,000. VisionPoint Advisory Group LLC purchased a new stake in Bitwise Bitcoin ETF during the 4th quarter worth approximately $56,000. Avior Wealth Management LLC acquired a new position in shares of Bitwise Bitcoin ETF in the 3rd quarter valued at approximately $69,000. Hollencrest Capital Management boosted its stake in shares of Bitwise Bitcoin ETF by 257.2% during the 4th quarter. Hollencrest Capital Management now owns 1,518 shares of the company’s stock valued at $77,000 after buying an additional 1,093 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Bitwise Bitcoin ETF by 85.4% in the fourth 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.

Bitwise Bitcoin ETF Trading Up 5.2 %

NYSEARCA BITB opened at $48.04 on Tuesday. Bitwise Bitcoin ETF has a 12 month low of $27.02 and a 12 month high of $59.07. The company’s fifty day moving average price is $51.00 and its two-hundred day moving average price is $46.35.

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.