44,543 Shares in Grayscale Bitcoin Mini Trust ETF $BTC Purchased by Thryve Wealth Management LLC

Thryve Wealth Management LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 44,543 shares of the company’s stock, valued at approximately $1,725,000. Grayscale Bitcoin Mini Trust ETF comprises about 0.9% of Thryve Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. Thryve Wealth Management LLC owned approximately 0.07% of Grayscale Bitcoin Mini Trust ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of BTC. Flagship Harbor Advisors LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF during the fourth quarter worth approximately $27,000. Strategic Advocates LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF in the 3rd quarter valued at $28,000. Abound Financial LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter valued at $34,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 3rd quarter worth $34,000. Finally, Quattro Advisors LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 4th quarter worth $35,000. 27.38% of the stock is currently owned by institutional investors and hedge funds.

Grayscale Bitcoin Mini Trust ETF Price Performance

Shares of NYSEARCA:BTC opened at $27.84 on Friday. Grayscale Bitcoin Mini Trust ETF has a 12-month low of $26.14 and a 12-month high of $55.96. The business has a 50-day moving average price of $32.46 and a 200 day moving average price of $34.16.

About Grayscale Bitcoin Mini Trust ETF

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.