Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Position Reduced by Gables Capital Management Inc.

Gables Capital Management Inc. decreased its position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTCFree Report) by 84.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,099 shares of the company’s stock after selling 11,146 shares during the period. Gables Capital Management Inc.’s holdings in Grayscale Bitcoin Mini Trust were worth $88,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Asset Dedication LLC raised its holdings in Grayscale Bitcoin Mini Trust by 56.5% during the fourth quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock worth $49,000 after purchasing an additional 424 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in Grayscale Bitcoin Mini Trust during the fourth quarter worth approximately $27,000. Modus Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust during the fourth quarter worth approximately $29,000. Mainstream Capital Management LLC bought a new stake in Grayscale Bitcoin Mini Trust during the fourth quarter worth approximately $32,000. Finally, Harbor Investment Advisory LLC bought a new stake in Grayscale Bitcoin Mini Trust during the fourth quarter worth approximately $40,000.

Grayscale Bitcoin Mini Trust Price Performance

Shares of NYSEARCA:BTC opened at $34.99 on Tuesday. Grayscale Bitcoin Mini Trust has a 12 month low of $22.00 and a 12 month high of $48.07. The stock’s 50 day moving average price is $42.58 and its 200 day moving average price is $36.99.

Grayscale Bitcoin Mini Trust Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grayscale Bitcoin Mini Trust (NYSEARCA:BTCFree Report).

Institutional Ownership by Quarter for Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

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