VisionPoint Advisory Group LLC Buys Shares of 1,059 Bitwise Bitcoin ETF (NYSEARCA:BITB)

VisionPoint Advisory Group LLC purchased a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,059 shares of the company’s stock, valued at approximately $56,000.

A number of other large investors have also added to or reduced their stakes in BITB. PYA Waltman Capital LLC bought a new stake in Bitwise Bitcoin ETF during the 4th quarter worth approximately $240,000. Ieq Capital LLC increased its holdings in Bitwise Bitcoin ETF by 66.1% in the fourth quarter. Ieq Capital LLC now owns 57,247 shares of the company’s stock valued at $2,911,000 after purchasing an additional 22,782 shares during the period. Private Advisor Group LLC acquired a new stake in Bitwise Bitcoin ETF in the fourth quarter valued at $532,000. Pasadena Private Wealth LLC bought a new position in Bitwise Bitcoin ETF during the 4th quarter worth $294,000. Finally, Hudson Value Partners LLC acquired a new position in Bitwise Bitcoin ETF during the 4th quarter worth about $370,000.

Bitwise Bitcoin ETF Trading Down 3.8 %

NYSEARCA BITB opened at $51.63 on Friday. Bitwise Bitcoin ETF has a 12 month low of $27.02 and a 12 month high of $59.07. The business’s 50-day moving average price is $53.76 and its two-hundred day moving average price is $43.94.

About Bitwise Bitcoin ETF

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.