Signaturefd LLC Cuts Holdings in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Signaturefd LLC lowered its holdings in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 80.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,058 shares of the company’s stock after selling 24,232 shares during the quarter. Signaturefd LLC owned 1.86% of Grayscale Bitcoin Mini Trust worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Hollencrest Capital Management boosted its holdings in Grayscale Bitcoin Mini Trust by 32.5% in the fourth quarter. Hollencrest Capital Management now owns 1,120 shares of the company’s stock worth $47,000 after purchasing an additional 275 shares during the last quarter. Asset Dedication LLC lifted its holdings in shares of Grayscale Bitcoin Mini Trust by 56.5% during the 4th quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock valued at $49,000 after buying an additional 424 shares during the period. Golden State Wealth Management LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust in the 4th quarter worth $27,000. Modus Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth $29,000. Finally, Mainstream Capital Management LLC purchased a new stake in Grayscale Bitcoin Mini Trust during the fourth quarter valued at $32,000.

Grayscale Bitcoin Mini Trust Price Performance

Shares of NYSEARCA:BTC opened at $37.19 on Friday. The stock’s 50-day simple moving average is $41.57 and its two-hundred day simple moving average is $37.48. Grayscale Bitcoin Mini Trust has a 52-week low of $22.00 and a 52-week high of $48.07.

About Grayscale Bitcoin Mini Trust

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.