Grayscale Bitcoin Trust ETF $GBTC Shares Bought by Osaic Holdings Inc.

Osaic Holdings Inc. increased its stake in Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) by 180.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,124 shares of the company’s stock after acquiring an additional 45,112 shares during the period. Osaic Holdings Inc.’s holdings in Grayscale Bitcoin Trust ETF were worth $5,949,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of GBTC. BCS Wealth Management raised its stake in Grayscale Bitcoin Trust ETF by 1.2% during the second quarter. BCS Wealth Management now owns 9,151 shares of the company’s stock worth $776,000 after purchasing an additional 110 shares during the period. TD Waterhouse Canada Inc. increased its holdings in shares of Grayscale Bitcoin Trust ETF by 2.1% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 5,356 shares of the company’s stock worth $444,000 after buying an additional 111 shares during the last quarter. Soltis Investment Advisors LLC raised its position in shares of Grayscale Bitcoin Trust ETF by 0.6% in the 2nd quarter. Soltis Investment Advisors LLC now owns 20,088 shares of the company’s stock worth $1,704,000 after buying an additional 113 shares during the period. Axxcess Wealth Management LLC boosted its holdings in Grayscale Bitcoin Trust ETF by 1.5% in the second quarter. Axxcess Wealth Management LLC now owns 7,871 shares of the company’s stock valued at $668,000 after acquiring an additional 118 shares during the last quarter. Finally, MAI Capital Management boosted its holdings in Grayscale Bitcoin Trust ETF by 0.5% in the second quarter. MAI Capital Management now owns 23,861 shares of the company’s stock valued at $2,024,000 after acquiring an additional 125 shares during the last quarter.

Grayscale Bitcoin Trust ETF Price Performance

Shares of NYSEARCA:GBTC opened at $69.03 on Tuesday. The business has a 50-day moving average of $76.50 and a two-hundred day moving average of $84.72. The firm has a market capitalization of $16.62 billion, a PE ratio of 2.23 and a beta of 2.40. Grayscale Bitcoin Trust ETF has a 12 month low of $59.79 and a 12 month high of $99.12.

Grayscale Bitcoin Trust ETF Company Profile

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.