Vise Technologies Inc. Acquires 119,490 Shares of Bitwise Bitcoin ETF $BITB

Vise Technologies Inc. lifted its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 260.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 165,386 shares of the company’s stock after buying an additional 119,490 shares during the quarter. Vise Technologies Inc. owned about 0.24% of Bitwise Bitcoin ETF worth $7,866,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Intellectus Partners LLC raised its holdings in Bitwise Bitcoin ETF by 71.5% during the 4th quarter. Intellectus Partners LLC now owns 18,350 shares of the company’s stock worth $873,000 after purchasing an additional 7,650 shares during the last quarter. Palatine Hill Wealth Management LLC bought a new stake in Bitwise Bitcoin ETF during the 4th quarter worth about $2,367,000. Kesler Norman & Wride LLC bought a new stake in Bitwise Bitcoin ETF during the 4th quarter worth about $4,773,000. Winthrop Capital Management LLC raised its holdings in Bitwise Bitcoin ETF by 22,784.7% during the 4th quarter. Winthrop Capital Management LLC now owns 53,779 shares of the company’s stock worth $2,558,000 after purchasing an additional 53,544 shares during the last quarter. Finally, a16z Perennial Management L.P. raised its holdings in Bitwise Bitcoin ETF by 216.4% during the 4th quarter. a16z Perennial Management L.P. now owns 50,502 shares of the company’s stock worth $2,402,000 after purchasing an additional 34,541 shares during the last quarter.

Bitwise Bitcoin ETF Price Performance

Shares of NYSEARCA:BITB opened at $34.51 on Friday. Bitwise Bitcoin ETF has a 1-year low of $33.81 and a 1-year high of $68.74. The business has a 50-day moving average price of $40.35 and a two-hundred day moving average price of $42.92.

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.