Ethos Financial Group LLC Invests $458,000 in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Ethos Financial Group LLC bought a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 9,004 shares of the company’s stock, valued at approximately $458,000.

Other institutional investors also recently modified their holdings of the company. Gleason Group Inc. bought a new position in shares of Bitwise Bitcoin ETF during the 4th quarter valued at about $25,000. Fairway Wealth LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 258.1% during the 3rd quarter. Fairway Wealth LLC now owns 1,110 shares of the company’s stock valued at $38,000 after purchasing an additional 800 shares in the last quarter. VisionPoint Advisory Group LLC bought a new position in shares of Bitwise Bitcoin ETF during the 4th quarter valued at about $56,000. Avior Wealth Management LLC bought a new position in shares of Bitwise Bitcoin ETF during the 3rd quarter valued at about $69,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 6,150.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock valued at $86,000 after purchasing an additional 2,460 shares in the last quarter.

Bitwise Bitcoin ETF Trading Down 1.6 %

NYSEARCA:BITB opened at $48.47 on Friday. Bitwise Bitcoin ETF has a fifty-two week low of $27.02 and a fifty-two week high of $59.07. The business’s 50-day simple moving average is $52.53 and its 200-day simple moving average is $45.08.

Bitwise Bitcoin ETF Company Profile

The Bitwise Bitcoin ETF Trust (BITB) 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 price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.