Solstein Capital LLC Has $3.85 Million Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Solstein Capital LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 43.2% in the third quarter, Holdings Channel reports. The firm owned 59,181 shares of the company’s stock after acquiring an additional 17,863 shares during the quarter. iShares Bitcoin Trust ETF comprises approximately 0.9% of Solstein Capital LLC’s investment portfolio, making the stock its 15th biggest position. Solstein Capital LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,847,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IBIT. JPMorgan Chase & Co. boosted its holdings in shares of iShares Bitcoin Trust ETF by 1,119.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock valued at $196,916,000 after buying an additional 2,953,342 shares during the last quarter. Mint Tower Capital Management B.V. increased its holdings in iShares Bitcoin Trust ETF by 1,131.5% during the second quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock worth $174,405,000 after buying an additional 2,617,925 shares during the last quarter. Harvard Management Co. Inc. bought a new stake in iShares Bitcoin Trust ETF during the second quarter worth $116,666,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in iShares Bitcoin Trust ETF in the second quarter valued at $113,404,000. Finally, Capula Management Ltd lifted its stake in iShares Bitcoin Trust ETF by 22.5% in the second quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock valued at $580,346,000 after acquiring an additional 1,739,073 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $40.39 on Friday. The firm has a 50-day moving average of $45.38 and a 200-day moving average of $54.57. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year high of $71.82.

iShares Bitcoin Trust ETF Profile

The IShares Bitcoin Trust Registered (IBIT) 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 spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.