Axxcess Wealth Management LLC Sells 27,519 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Axxcess Wealth Management LLC trimmed its holdings in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 41.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,969 shares of the company’s stock after selling 27,519 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $1,169,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Millennium Management LLC boosted its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 26.7% in the 4th quarter. Millennium Management LLC now owns 3,167,718 shares of the company’s stock worth $122,686,000 after buying an additional 667,553 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Grayscale Bitcoin Mini Trust ETF by 157.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,472,684 shares of the company’s stock valued at $57,037,000 after purchasing an additional 900,987 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in Grayscale Bitcoin Mini Trust ETF by 20.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,297,393 shares of the company’s stock valued at $50,248,000 after purchasing an additional 220,174 shares during the period. Sloy Dahl & Holst LLC grew its holdings in Grayscale Bitcoin Mini Trust ETF by 19.7% during the fourth quarter. Sloy Dahl & Holst LLC now owns 807,296 shares of the company’s stock valued at $31,267,000 after purchasing an additional 132,586 shares during the period. Finally, Paragon Advisors LLC purchased a new stake in Grayscale Bitcoin Mini Trust ETF in the fourth quarter worth $25,913,000. 27.38% of the stock is owned by hedge funds and other institutional investors.

Grayscale Bitcoin Mini Trust ETF Price Performance

NYSEARCA:BTC opened at $27.51 on Thursday. The business has a fifty day simple moving average of $30.73 and a two-hundred day simple moving average of $32.93. 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 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.