Bitwise Bitcoin ETF $BITB Shares Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC grew its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 204.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,700 shares of the company’s stock after purchasing an additional 27,332 shares during the quarter. Belpointe Asset Management LLC’s holdings in Bitwise Bitcoin ETF were worth $2,532,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC acquired a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at approximately $516,000. Focus Partners Wealth grew its holdings in Bitwise Bitcoin ETF by 0.8% in the 1st 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 in the last quarter. Avior Wealth Management LLC increased its stake in shares of Bitwise Bitcoin ETF by 19.9% in the 2nd quarter. Avior Wealth Management LLC now owns 7,895 shares of the company’s stock worth $463,000 after acquiring an additional 1,312 shares during the last quarter. Leverty Financial Group LLC raised its holdings in shares of Bitwise Bitcoin ETF by 87.1% during the 2nd quarter. Leverty Financial Group LLC now owns 9,185 shares of the company’s stock worth $538,000 after acquiring an additional 4,277 shares during the period. Finally, Emerald Advisors LLC boosted its position in shares of Bitwise Bitcoin ETF by 148.1% during the 2nd quarter. Emerald Advisors LLC now owns 15,439 shares of the company’s stock valued at $905,000 after acquiring an additional 9,216 shares during the last quarter.

Bitwise Bitcoin ETF Stock Performance

Bitwise Bitcoin ETF stock opened at $48.51 on Wednesday. Bitwise Bitcoin ETF has a 12-month low of $41.17 and a 12-month high of $68.74. The company has a 50-day moving average price of $48.80 and a 200 day moving average price of $56.96.

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.