Bitwise Bitcoin ETF $BITB Shares Acquired by Atomic Invest LLC

Atomic Invest LLC lifted its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 34.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 239,200 shares of the company’s stock after acquiring an additional 61,224 shares during the quarter. Bitwise Bitcoin ETF accounts for about 0.7% of Atomic Invest LLC’s portfolio, making the stock its 14th largest position. Atomic Invest LLC owned 0.35% of Bitwise Bitcoin ETF worth $7,833,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of BITB. Parallel Advisors LLC grew its stake in Bitwise Bitcoin ETF by 5.4% during the 1st quarter. Parallel Advisors LLC now owns 5,905 shares of the company’s stock worth $217,000 after purchasing an additional 303 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Bitwise Bitcoin ETF by 39.4% in the first quarter. EverSource Wealth Advisors LLC now owns 1,238 shares of the company’s stock valued at $46,000 after acquiring an additional 350 shares in the last quarter. Adamsbrown Wealth Consultants LLC lifted its stake in Bitwise Bitcoin ETF by 3.6% in the second quarter. Adamsbrown Wealth Consultants LLC now owns 11,588 shares of the company’s stock worth $369,000 after acquiring an additional 404 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Bitwise Bitcoin ETF by 53.9% in the first quarter. Geneos Wealth Management Inc. now owns 1,202 shares of the company’s stock worth $44,000 after acquiring an additional 421 shares during the last quarter. Finally, Columbia Advisory Partners LLC grew its holdings in Bitwise Bitcoin ETF by 5.4% during the 1st quarter. Columbia Advisory Partners LLC now owns 8,482 shares of the company’s stock worth $312,000 after acquiring an additional 436 shares in the last quarter.

Bitwise Bitcoin ETF Trading Down 0.6%

Shares of NYSEARCA:BITB traded down $0.27 during trading hours on Friday, reaching $45.52. The stock had a trading volume of 681,757 shares, compared to its average volume of 2,245,495. Bitwise Bitcoin ETF has a 1 year low of $31.49 and a 1 year high of $68.74. The firm’s 50 day moving average is $39.15 and its 200-day moving average is $38.43.

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.