NewCorp Financial Services Inc. purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 13,462 shares of the company’s stock, valued at approximately $668,000. iShares Bitcoin Trust ETF makes up 0.6% of NewCorp Financial Services Inc.’s investment portfolio, making the stock its 25th biggest position.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Rothschild Wealth LLC increased its stake in iShares Bitcoin Trust ETF by 103.4% during the 4th quarter. Rothschild Wealth LLC now owns 22,271 shares of the company’s stock valued at $1,106,000 after purchasing an additional 11,322 shares in the last quarter. Waterloo Capital L.P. increased its stake in iShares Bitcoin Trust ETF by 9.8% during the 4th quarter. Waterloo Capital L.P. now owns 71,928 shares of the company’s stock valued at $3,571,000 after purchasing an additional 6,438 shares in the last quarter. Prodigy Asset Management LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth $874,000. Titan Global Capital Management USA LLC grew its stake in shares of iShares Bitcoin Trust ETF by 2.1% in the 4th quarter. Titan Global Capital Management USA LLC now owns 620,804 shares of the company’s stock worth $30,823,000 after acquiring an additional 12,517 shares in the last quarter. Finally, Impact Partnership Wealth LLC grew its stake in shares of iShares Bitcoin Trust ETF by 13.8% in the 4th quarter. Impact Partnership Wealth LLC now owns 38,680 shares of the company’s stock worth $1,920,000 after acquiring an additional 4,683 shares in the last quarter.
iShares Bitcoin Trust ETF Stock Performance
NASDAQ IBIT opened at $41.63 on Monday. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82. The company has a fifty day moving average price of $42.26 and a 200-day moving average price of $45.32.
Trending Headlines about iShares Bitcoin Trust ETF
- Positive Sentiment: Some investors are still choosing IBIT over crypto exchanges, suggesting BlackRock’s brand and ETF structure remain appealing for beginners and long-term allocators. Bitcoin ETF News: Why Beginners Are Choosing BlackRock Over Crypto Exchanges
- Neutral Sentiment: Short interest data showed 0 shares reported, offering little evidence of bearish positioning in the stock itself, though the data appears incomplete and may not be meaningful for trading.
- Negative Sentiment: Multiple reports say IBIT has seen very large outflows, including a reported $527 million outflow and other sizable redemptions, signaling investors are pulling money from the ETF. BlackRock’s IBIT Bitcoin ETF sees $527 million outflow: What is going on?
- Negative Sentiment: BlackRock clients reportedly sold about $177 million worth of Bitcoin, extending the outflow trend and adding to near-term pressure on IBIT. BlackRock clients sell $177M worth of Bitcoin as IBIT outflows continue
- Negative Sentiment: News of a $1.29 billion dark pool/block sale in IBIT raised concerns that a large whale was unloading a major position, even though Bitcoin itself did not crash. Bitcoin ETF News: BlackRock’s $1.3Bn IBIT Dark Pool Sale – Why Didn’t BTC Crash?
- Negative Sentiment: Additional coverage said Bitcoin ETFs, including IBIT, are seeing a seven-day streak of withdrawals as investors step back from the “debasement trade,” which could weigh on sentiment for the ETF. Bitcoin ETFs and gold see outflows as investors retreat from the debasement trade
iShares Bitcoin Trust ETF Company 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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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