Ascension Capital Advisors Inc. Takes Position in Grayscale Bitcoin Mini Trust ETF $BTC

Ascension Capital Advisors Inc. bought a new position in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 137,147 shares of the company’s stock, valued at approximately $4,113,000. Grayscale Bitcoin Mini Trust ETF comprises approximately 1.3% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its 13th biggest position.

A number of other hedge funds have also recently modified their holdings of the company. Flagship Harbor Advisors LLC purchased a new stake in Grayscale Bitcoin Mini Trust ETF in the 4th quarter valued at about $27,000. Cornerstone Planning Group LLC boosted its holdings in Grayscale Bitcoin Mini Trust ETF by 498.7% in the first quarter. Cornerstone Planning Group LLC now owns 958 shares of the company’s stock valued at $29,000 after purchasing an additional 798 shares in the last quarter. Abound Financial LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter valued at about $34,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the third quarter valued at about $34,000. Finally, Quattro Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter worth $35,000. Hedge funds and other institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Trading Down 0.8%

Shares of NYSEARCA BTC opened at $29.14 on Thursday. The firm has a 50-day moving average price of $29.41 and a 200 day moving average price of $32.21. Grayscale Bitcoin Mini Trust ETF has a 52 week low of $25.65 and a 52 week 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.