iShares Bitcoin Trust ETF $IBIT Shares Sold by Farallon Capital Management LLC

Farallon Capital Management LLC lowered its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 0.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,992,700 shares of the company’s stock after selling 27,350 shares during the period. iShares Bitcoin Trust ETF comprises 1.9% of Farallon Capital Management LLC’s portfolio, making the stock its 14th largest holding. Farallon Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $454,526,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Capula Management Ltd increased its holdings 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 buying an additional 1,739,073 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 19.2% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after acquiring an additional 1,093,183 shares in the last quarter. Sculptor Capital LP boosted its stake in shares of iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after acquiring an additional 1,673,788 shares in the last quarter. JPMorgan Chase & Co. grew 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 worth $196,916,000 after acquiring an additional 2,953,342 shares during the period. Finally, Mint Tower Capital Management B.V. grew its holdings in shares of iShares Bitcoin Trust ETF by 1,131.5% in the 2nd quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock worth $174,405,000 after acquiring an additional 2,617,925 shares during the period.

iShares Bitcoin Trust ETF Stock Up 1.1%

NASDAQ IBIT opened at $40.37 on Monday. The business has a 50 day moving average price of $44.15 and a 200 day moving average price of $53.39. iShares Bitcoin Trust ETF has a 1-year low of $35.30 and a 1-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.