Grayscale Bitcoin Mini Trust ETF $BTC Shares Sold by Assetmark Inc.

Assetmark Inc. trimmed its holdings in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 17.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 155,864 shares of the company’s stock after selling 32,646 shares during the quarter. Assetmark Inc.’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $4,674,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 157.6% in the 4th quarter. Wells Fargo & Company MN now owns 1,472,684 shares of the company’s stock valued at $57,037,000 after buying an additional 900,987 shares during the period. Paragon Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter valued at $25,913,000. Millennium Management LLC lifted its stake 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 valued at $122,686,000 after purchasing an additional 667,553 shares during the period. Steward Partners Investment Advisory LLC boosted 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 worth $50,248,000 after buying an additional 220,174 shares in the last quarter. Finally, Sloy Dahl & Holst LLC grew its position 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 buying an additional 132,586 shares during the period. 27.38% of the stock is owned by institutional investors and hedge funds.

Grayscale Bitcoin Mini Trust ETF Stock Down 0.8%

BTC opened at $29.14 on Thursday. Grayscale Bitcoin Mini Trust ETF has a fifty-two week low of $25.65 and a fifty-two week high of $55.96. The company has a fifty day moving average of $29.41 and a two-hundred day moving average of $32.21.

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.