Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Bought by Virtu Financial LLC

Virtu Financial LLC increased its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 284.7% during the third quarter, HoldingsChannel.com reports. The fund owned 74,634 shares of the company’s stock after buying an additional 55,234 shares during the period. Virtu Financial LLC’s holdings in Bitwise Bitcoin ETF were worth $2,582,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of BITB. Brookstone Capital Management lifted its position in shares of Bitwise Bitcoin ETF by 5.2% in the 2nd quarter. Brookstone Capital Management now owns 9,716 shares of the company’s stock valued at $342,000 after acquiring an additional 482 shares in the last quarter. BBR Partners LLC acquired a new position in Bitwise Bitcoin ETF during the second quarter valued at $294,000. CWM LLC boosted its position in Bitwise Bitcoin ETF by 56.3% during the 3rd quarter. CWM LLC now owns 22,548 shares of the company’s stock worth $780,000 after acquiring an additional 8,125 shares during the period. Wiser Wealth Management Inc grew its stake in Bitwise Bitcoin ETF by 28.4% during the 3rd quarter. Wiser Wealth Management Inc now owns 25,160 shares of the company’s stock valued at $870,000 after acquiring an additional 5,572 shares in the last quarter. Finally, Creative Planning increased its holdings in shares of Bitwise Bitcoin ETF by 22.9% in the 3rd quarter. Creative Planning now owns 49,014 shares of the company’s stock valued at $1,695,000 after purchasing an additional 9,139 shares during the period.

Bitwise Bitcoin ETF Stock Performance

BITB stock opened at $54.51 on Friday. The firm has a 50 day simple moving average of $44.09 and a 200 day simple moving average of $37.49. Bitwise Bitcoin ETF has a 52 week low of $21.05 and a 52 week high of $56.56.

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.