Balance Wealth LLC Purchases Shares of 24,688 Bitwise Bitcoin ETF $BITB

Balance Wealth LLC acquired a new position in Bitwise Bitcoin ETF (NYSEARCA:BITB) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 24,688 shares of the company’s stock, valued at approximately $1,446,000.

A number of other institutional investors also recently made changes to their positions in the business. Moisand Fitzgerald Tamayo LLC grew its holdings in shares of Bitwise Bitcoin ETF by 2.8% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 5,999 shares of the company’s stock valued at $351,000 after purchasing an additional 164 shares during the last quarter. FF Advisors LLC boosted its position in Bitwise Bitcoin ETF by 0.6% during the second quarter. FF Advisors LLC now owns 36,314 shares of the company’s stock valued at $2,128,000 after buying an additional 226 shares during the period. Focus Partners Wealth grew its stake in shares of Bitwise Bitcoin ETF by 0.8% during the first quarter. Focus Partners Wealth now owns 29,358 shares of the company’s stock valued at $1,318,000 after buying an additional 244 shares during the last quarter. Revisor Wealth Management LLC increased its holdings in shares of Bitwise Bitcoin ETF by 4.1% in the second quarter. Revisor Wealth Management LLC now owns 7,019 shares of the company’s stock worth $433,000 after buying an additional 276 shares during the period. Finally, Personal CFO Solutions LLC increased its holdings in shares of Bitwise Bitcoin ETF by 6.1% in the second quarter. Personal CFO Solutions LLC now owns 5,238 shares of the company’s stock worth $307,000 after buying an additional 303 shares during the period.

Bitwise Bitcoin ETF Price Performance

NYSEARCA BITB opened at $48.55 on Friday. Bitwise Bitcoin ETF has a 1-year low of $41.17 and a 1-year high of $68.74. The stock has a 50-day moving average of $56.78 and a 200-day moving average of $59.44.

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.