Solstein Capital LLC Buys 568 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Solstein Capital LLC grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,363 shares of the company’s stock after buying an additional 568 shares during the period. Solstein Capital LLC’s holdings in iShares Bitcoin Trust were worth $1,169,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. FinTrust Capital Advisors LLC bought a new position in shares of iShares Bitcoin Trust in the first quarter worth approximately $26,000. Creekmur Asset Management LLC bought a new position in shares of iShares Bitcoin Trust in the first quarter worth approximately $30,000. Glass Jacobson Investment Advisors llc bought a new position in shares of iShares Bitcoin Trust in the second quarter worth approximately $26,000. Asset Dedication LLC increased its position in shares of iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after purchasing an additional 279 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of iShares Bitcoin Trust in the second quarter worth approximately $31,000.

iShares Bitcoin Trust Stock Down 1.0 %

Shares of IBIT opened at $39.37 on Monday. The stock has a 50 day simple moving average of $35.82 and a two-hundred day simple moving average of $36.07. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $41.99.

About iShares Bitcoin Trust

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.