Financial Security Advisor Inc. Purchases 24,521 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Financial Security Advisor Inc. increased its position in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 33.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 97,826 shares of the company’s stock after acquiring an additional 24,521 shares during the period. Grayscale Bitcoin Mini Trust ETF makes up approximately 0.7% of Financial Security Advisor Inc.’s holdings, making the stock its 27th largest holding. Financial Security Advisor Inc.’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $3,789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BTC. Flagship Harbor Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF during the 4th quarter worth approximately $27,000. Strategic Advocates LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF during the 3rd quarter worth approximately $28,000. Measured Wealth Private Client Group LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF in the 3rd quarter worth approximately $34,000. Ares Financial Consulting LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF in the 4th quarter worth approximately $40,000. Finally, Westfuller Advisors LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF in the 3rd quarter worth approximately $41,000. Institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Stock Down 2.9%

Shares of Grayscale Bitcoin Mini Trust ETF stock opened at $34.98 on Friday. Grayscale Bitcoin Mini Trust ETF has a 52-week low of $27.55 and a 52-week high of $55.96. The company has a fifty day moving average of $32.57 and a 200-day moving average of $36.42.

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. BTC was launched on Jul 31, 2024 and is issued by Grayscale.