Grayscale Bitcoin Mini Trust ETF $BTC Stock Sold by Wedbush Securities Inc.

Wedbush Securities Inc. lowered its position in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 60.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,205 shares of the company’s stock after selling 15,785 shares during the quarter. Wedbush Securities Inc.’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $377,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BTC. Cornerstone Planning Group LLC lifted its position in shares of Grayscale Bitcoin Mini Trust ETF by 498.7% during 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 during the last quarter. Western Wealth Management LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF during the first quarter worth $46,000. Global Assets Advisory LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF during the first quarter worth $51,000. Ascentis Independent Advisors acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF during the first quarter worth $58,000. Finally, Ares Financial Consulting LLC increased its holdings in Grayscale Bitcoin Mini Trust ETF by 104.3% in the second quarter. Ares Financial Consulting LLC now owns 3,324 shares of the company’s stock valued at $86,000 after buying an additional 1,697 shares during the last quarter. Institutional investors and hedge funds own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Stock Up 1.0%

Shares of NYSEARCA BTC opened at $36.03 on Thursday. The business has a 50-day moving average of $35.68 and a two-hundred day moving average of $32.51. Grayscale Bitcoin Mini Trust ETF has a 1 year low of $25.65 and a 1 year high of $50.31.

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.