Addison Capital Co Grows Stake in Grayscale Bitcoin Mini Trust ETF $BTC

Addison Capital Co lifted its position in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 88.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,964 shares of the company’s stock after purchasing an additional 21,997 shares during the quarter. Addison Capital Co’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $1,408,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in BTC. Meitav Investment House Ltd. raised its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 44.7% in the 1st quarter. Meitav Investment House Ltd. now owns 106,693 shares of the company’s stock valued at $3,200,000 after acquiring an additional 32,947 shares in the last quarter. Ascentis Independent Advisors purchased a new stake in Grayscale Bitcoin Mini Trust ETF in the first quarter valued at approximately $58,000. Retirement Financial Solutions LLC lifted its position in Grayscale Bitcoin Mini Trust ETF by 25.5% during the first quarter. Retirement Financial Solutions LLC now owns 35,656 shares of the company’s stock valued at $1,069,000 after purchasing an additional 7,239 shares during the last quarter. Burford Brothers Inc. lifted its position in Grayscale Bitcoin Mini Trust ETF by 53.2% during the first quarter. Burford Brothers Inc. now owns 8,908 shares of the company’s stock valued at $267,000 after purchasing an additional 3,093 shares during the last quarter. Finally, Acorn Financial Advisory Services Inc. ADV grew its stake in Grayscale Bitcoin Mini Trust ETF by 2.6% in the 1st quarter. Acorn Financial Advisory Services Inc. ADV now owns 23,291 shares of the company’s stock worth $698,000 after buying an additional 589 shares in the last quarter. Hedge funds and other institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

Shares of NYSEARCA:BTC opened at $28.22 on Wednesday. The company’s fifty day moving average price is $30.86 and its 200-day moving average price is $33.00. Grayscale Bitcoin Mini Trust ETF has a one year low of $25.65 and a one 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.