Gallacher Capital Management LLC Makes New Investment in Grayscale Bitcoin Mini Trust ETF $BTC

Gallacher Capital Management LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 45,222 shares of the company’s stock, valued at approximately $1,356,000.

Other institutional investors also recently modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter worth $27,000. Strategic Advocates LLC acquired a new position in Grayscale Bitcoin Mini Trust ETF in the 3rd quarter valued at $28,000. Abound Financial LLC bought a new position in Grayscale Bitcoin Mini Trust ETF in the 4th quarter worth $34,000. Measured Wealth Private Client Group LLC bought a new position in Grayscale Bitcoin Mini Trust ETF in the 3rd quarter worth $34,000. Finally, Quattro Advisors LLC acquired a new position in Grayscale Bitcoin Mini Trust ETF during the 4th quarter worth $35,000. Institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

Grayscale Bitcoin Mini Trust ETF stock opened at $28.41 on Friday. Grayscale Bitcoin Mini Trust ETF has a fifty-two week low of $25.65 and a fifty-two week high of $55.96. The firm has a fifty day moving average price of $29.95 and a two-hundred day moving average price of $32.48.

Grayscale Bitcoin Mini Trust ETF Company Profile

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.