Clear Creek Financial Management LLC Has $1.50 Million Stake in Bitwise Ethereum ETF $ETHW

Clear Creek Financial Management LLC grew its position in Bitwise Ethereum ETF (NYSEARCA:ETHW) by 482.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82,782 shares of the company’s stock after purchasing an additional 68,559 shares during the quarter. Clear Creek Financial Management LLC owned about 0.47% of Bitwise Ethereum ETF worth $1,495,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its position in shares of Bitwise Ethereum ETF by 1,211.3% in the second quarter. Farther Finance Advisors LLC now owns 8,917 shares of the company’s stock valued at $161,000 after purchasing an additional 8,237 shares during the last quarter. Brandywine Oak Private Wealth LLC grew its position in shares of Bitwise Ethereum ETF by 30.3% in the first quarter. Brandywine Oak Private Wealth LLC now owns 12,804 shares of the company’s stock valued at $168,000 after purchasing an additional 2,974 shares during the last quarter. OxenFree Capital LLC grew its position in shares of Bitwise Ethereum ETF by 20.3% in the first quarter. OxenFree Capital LLC now owns 13,889 shares of the company’s stock valued at $182,000 after purchasing an additional 2,347 shares during the last quarter. Perigon Wealth Management LLC grew its position in shares of Bitwise Ethereum ETF by 62.0% in the first quarter. Perigon Wealth Management LLC now owns 16,116 shares of the company’s stock valued at $211,000 after purchasing an additional 6,166 shares during the last quarter. Finally, Belpointe Asset Management LLC acquired a new position in shares of Bitwise Ethereum ETF in the first quarter valued at approximately $217,000.

Bitwise Ethereum ETF Stock Down 4.0%

Bitwise Ethereum ETF stock opened at $31.06 on Friday. The stock’s 50 day moving average is $30.90 and its 200-day moving average is $22.00. Bitwise Ethereum ETF has a 12 month low of $10.42 and a 12 month high of $34.84.

Bitwise Ethereum ETF Profile

The Bitwise Ethereum ETF (ETHW) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Ether (ETH). It will hold Ether directly, secured through a multi-layer cold storage wallet. ETHW was launched on Jul 22, 2024 and is issued by Bitwise.