Claro Advisors LLC Buys 4,680 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Claro Advisors LLC increased its stake in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 10.4% in the second quarter, HoldingsChannel reports. The fund owned 49,562 shares of the company’s stock after purchasing an additional 4,680 shares during the period. Claro Advisors LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $2,367,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Headlands Technologies LLC lifted its stake in shares of Grayscale Bitcoin Mini Trust ETF by 219.1% in the 1st quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock valued at $26,000 after acquiring an additional 482 shares during the last quarter. ORG Partners LLC raised its position in Grayscale Bitcoin Mini Trust ETF by 1,402.6% during the 2nd quarter. ORG Partners LLC now owns 571 shares of the company’s stock valued at $27,000 after purchasing an additional 533 shares during the last quarter. Keystone Financial Group Inc. bought a new position in Grayscale Bitcoin Mini Trust ETF during the 1st quarter valued at approximately $28,000. Elequin Capital LP bought a new position in Grayscale Bitcoin Mini Trust ETF during the 1st quarter valued at approximately $28,000. Finally, Jackson Grant Investment Advisers Inc. raised its position in Grayscale Bitcoin Mini Trust ETF by 207.6% during the 1st quarter. Jackson Grant Investment Advisers Inc. now owns 849 shares of the company’s stock valued at $31,000 after purchasing an additional 573 shares during the last quarter. Institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Stock Down 5.6%

BTC opened at $44.57 on Wednesday. The business has a 50 day simple moving average of $50.10 and a two-hundred day simple moving average of $48.77. Grayscale Bitcoin Mini Trust ETF has a one year low of $30.47 and a one year high of $55.96.

Grayscale Bitcoin Mini Trust ETF Profile

The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin.