25 LLC Makes New Investment in Grayscale Bitcoin Trust ETF $GBTC

25 LLC purchased a new stake in Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) during the second quarter, HoldingsChannel.com reports. The fund purchased 2,610 shares of the company’s stock, valued at approximately $221,000.

Several other large investors also recently made changes to their positions in the stock. Palacios Wealth Management LLC acquired a new stake in shares of Grayscale Bitcoin Trust ETF during the first quarter worth $65,170,000. DRW Securities LLC raised its stake in shares of Grayscale Bitcoin Trust ETF by 849.0% in the 1st quarter. DRW Securities LLC now owns 370,589 shares of the company’s stock valued at $24,151,000 after purchasing an additional 331,538 shares during the period. Cresset Asset Management LLC raised its stake in shares of Grayscale Bitcoin Trust ETF by 27.0% in the 1st quarter. Cresset Asset Management LLC now owns 299,976 shares of the company’s stock valued at $19,549,000 after purchasing an additional 63,749 shares during the period. TB Alternative Assets Ltd. lifted its holdings in shares of Grayscale Bitcoin Trust ETF by 942.4% in the first quarter. TB Alternative Assets Ltd. now owns 290,203 shares of the company’s stock valued at $18,913,000 after purchasing an additional 262,362 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its holdings in shares of Grayscale Bitcoin Trust ETF by 0.7% in the first quarter. Kingswood Wealth Advisors LLC now owns 287,024 shares of the company’s stock valued at $18,707,000 after purchasing an additional 1,957 shares in the last quarter.

Grayscale Bitcoin Trust ETF Stock Performance

NYSEARCA:GBTC opened at $94.93 on Friday. The stock has a 50-day simple moving average of $89.93 and a 200 day simple moving average of $82.57. Grayscale Bitcoin Trust ETF has a 52-week low of $46.83 and a 52-week high of $96.62. The company has a market cap of $22.85 billion, a PE ratio of 2.23 and a beta of 2.47.

Grayscale Bitcoin Trust ETF Company Profile

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.