Bitwise Bitcoin ETF (NYSEARCA:BITB) is Refined Wealth Management’s 8th Largest Position

Refined Wealth Management raised its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 135,412 shares of the company’s stock after purchasing an additional 4,920 shares during the period. Bitwise Bitcoin ETF accounts for 5.2% of Refined Wealth Management’s portfolio, making the stock its 8th largest position. Refined Wealth Management’s holdings in Bitwise Bitcoin ETF were worth $6,886,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Embree Financial Group raised its stake in shares of Bitwise Bitcoin ETF by 10.5% in the fourth quarter. Embree Financial Group now owns 55,499 shares of the company’s stock worth $2,822,000 after purchasing an additional 5,254 shares during the last quarter. Brighton Jones LLC bought a new position in Bitwise Bitcoin ETF during the 4th quarter valued at about $516,000. Fiduciary Family Office LLC purchased a new stake in shares of Bitwise Bitcoin ETF during the 4th quarter valued at about $1,050,000. Avior Wealth Management LLC grew its stake in shares of Bitwise Bitcoin ETF by 52.1% in the fourth quarter. Avior Wealth Management LLC now owns 3,042 shares of the company’s stock worth $155,000 after acquiring an additional 1,042 shares during the period. Finally, Echo45 Advisors LLC raised its holdings in shares of Bitwise Bitcoin ETF by 11.0% during the fourth quarter. Echo45 Advisors LLC now owns 8,728 shares of the company’s stock valued at $468,000 after purchasing an additional 868 shares during the last quarter.

Bitwise Bitcoin ETF Trading Up 1.5 %

Shares of BITB opened at $57.08 on Monday. Bitwise Bitcoin ETF has a 1-year low of $21.57 and a 1-year high of $59.07. The firm has a fifty day simple moving average of $53.40 and a two-hundred day simple moving average of $41.37.

Bitwise Bitcoin ETF 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.