Grayscale Bitcoin Mini Trust ETF $BTC Stock Acquired by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC increased its holdings in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 27.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 98,590 shares of the company’s stock after purchasing an additional 21,369 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $3,643,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BTC. Cornerstone Planning Group LLC increased its holdings in Grayscale Bitcoin Mini Trust ETF by 498.7% in the first quarter. Cornerstone Planning Group LLC now owns 958 shares of the company’s stock worth $29,000 after purchasing an additional 798 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter worth approximately $46,000. Global Assets Advisory LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter worth approximately $51,000. Ascentis Independent Advisors bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter worth approximately $58,000. Finally, Ares Financial Consulting LLC boosted its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 104.3% during the 2nd quarter. Ares Financial Consulting LLC now owns 3,324 shares of the company’s stock worth $86,000 after buying an additional 1,697 shares in the last quarter. 27.38% of the stock is currently owned by institutional investors.

Grayscale Bitcoin Mini Trust ETF Stock Down 1.7%

Shares of BTC stock opened at $35.29 on Tuesday. Grayscale Bitcoin Mini Trust ETF has a 52 week low of $25.65 and a 52 week high of $51.43. The firm has a 50 day moving average of $35.39 and a 200-day moving average of $32.55.

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.