Renaissance Technologies LLC Sells 94,400 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Renaissance Technologies LLC decreased its position in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 69.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,160 shares of the company’s stock after selling 94,400 shares during the period. Renaissance Technologies LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $1,234,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF during the fourth quarter worth $27,000. Cornerstone Planning Group LLC boosted its position in shares of Grayscale Bitcoin Mini Trust ETF by 498.7% in the 1st quarter. Cornerstone Planning Group LLC now owns 958 shares of the company’s stock worth $29,000 after purchasing an additional 798 shares in the last quarter. Abound Financial LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter worth $34,000. Measured Wealth Private Client Group LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF during the 3rd quarter worth $34,000. Finally, Quattro Advisors LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF during the 4th quarter worth $35,000. 27.38% of the stock is currently owned by institutional investors and hedge funds.

Grayscale Bitcoin Mini Trust ETF Stock Down 0.1%

Shares of NYSEARCA:BTC opened at $28.00 on Friday. The business’s 50-day moving average is $27.99 and its 200 day moving average is $30.80. Grayscale Bitcoin Mini Trust ETF has a 1 year low of $25.65 and a 1 year high of $55.96.

Grayscale Bitcoin Mini Trust ETF Company 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.