Garde Capital Inc. Acquires 140,777 Shares of iShares Bitcoin Trust ETF $IBIT

Garde Capital Inc. grew its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 860.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 157,146 shares of the company’s stock after purchasing an additional 140,777 shares during the quarter. Garde Capital Inc.’s holdings in iShares Bitcoin Trust ETF were worth $7,802,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IBIT. Brighton Jones LLC bought a new position in iShares Bitcoin Trust ETF during the 4th quarter worth approximately $711,000. Bison Wealth LLC bought a new position in iShares Bitcoin Trust ETF during the 4th quarter worth approximately $3,140,000. Royal Bank of Canada raised its holdings in iShares Bitcoin Trust ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after purchasing an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in iShares Bitcoin Trust ETF by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after purchasing an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new position in iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $357,000.

More iShares Bitcoin Trust ETF News

Here are the key news stories impacting iShares Bitcoin Trust ETF this week:

• Positive Sentiment: One article argued that beginners are increasingly choosing BlackRock’s bitcoin ETF structure over crypto exchanges, highlighting IBIT’s ease of access, brand trust, and regulated wrapper as reasons it can remain a preferred vehicle for new investors. Bitcoin ETF News: Why Beginners Are Choosing BlackRock Over Crypto Exchanges
• Neutral Sentiment: Short-interest data showed 0 shares reported short, which does not currently indicate meaningful bearish positioning in the stock itself. This data point appears neutral for IBIT’s near-term trading outlook.
• Negative Sentiment: Multiple reports said BlackRock clients sold about $177 million of bitcoin exposure and that IBIT has continued to see fund outflows, signaling weaker demand for the ETF. BlackRock clients sell $177M worth of Bitcoin as IBIT outflows continue
• Negative Sentiment: Another report said IBIT saw roughly $527 million in outflows, reinforcing concerns that investors are pulling money from the fund and pressuring the shares. BlackRock’s IBIT Bitcoin ETF sees 527 million outflow: What is going on?
• Negative Sentiment: Additional coverage said Bitcoin ETFs, including IBIT, are seeing outflows as investors retreat from the “debasement trade,” with a separate article highlighting a $1.29 billion IBIT dark-pool sale and seven straight days of bleeding across Bitcoin ETFs. Bitcoin ETFs and gold see outflows as investors retreat from the debasement trade Whale unloads $1.29B in IBIT as Bitcoin ETFs extend seven day bleed
• Negative Sentiment: Several pieces also cited a record $1.29 billion block trade and a $1.3 billion dark-pool sale in IBIT, which coincided with weakness in bitcoin prices and likely added to negative sentiment around the ETF. BlackRock’s IBIT Sees Record $1.29B Bitcoin ETF Block Trade – As Crypto Faces ‘Identity Crisis’ Debate BlackRock’s IBIT Sees $1.3 Billion Dark Pool Sale as ETF Outflows Deepen Bitcoin’s recent drop coincides with $1.3B ‘dark pool’ ETF sale: Analyst

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $41.56 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week high of $71.82. The firm has a 50 day moving average price of $42.24 and a two-hundred day moving average price of $45.45.

iShares Bitcoin Trust ETF Company Profile

The IShares Bitcoin Trust Registered (IBIT) 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 spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.