Rockefeller Capital Management L.P. Acquires New Holdings in Bitwise Bitcoin ETF $BITB

Rockefeller Capital Management L.P. bought a new stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 4th quarter, Holdings Channel.com reports. The fund bought 15,640 shares of the company’s stock, valued at approximately $744,000.

Several other hedge funds have also recently added to or reduced their stakes in BITB. GeoWealth Management LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at about $32,000. Founders Capital Management grew its position in shares of Bitwise Bitcoin ETF by 105.9% in the fourth quarter. Founders Capital Management now owns 700 shares of the company’s stock valued at $33,000 after purchasing an additional 360 shares during the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of Bitwise Bitcoin ETF during the 4th quarter worth approximately $34,000. Lodestone Wealth Management LLC purchased a new position in shares of Bitwise Bitcoin ETF during the 4th quarter worth approximately $38,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Bitwise Bitcoin ETF by 262.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 888 shares of the company’s stock worth $42,000 after purchasing an additional 643 shares in the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of Bitwise Bitcoin ETF stock opened at $33.35 on Friday. Bitwise Bitcoin ETF has a 1 year low of $31.49 and a 1 year high of $68.74. The business has a 50 day moving average price of $38.19 and a 200 day moving average price of $40.72.

About Bitwise Bitcoin ETF

The Bitwise Bitcoin ETF Trust (BITB) 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 price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.