Proficio Capital Partners LLC Raises Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Proficio Capital Partners LLC raised its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 6,348.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,102,749 shares of the company’s stock after buying an additional 2,070,139 shares during the period. Proficio Capital Partners LLC’s holdings in Bitwise Bitcoin ETF were worth $106,925,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BITB. Orion Portfolio Solutions LLC raised its holdings in shares of Bitwise Bitcoin ETF by 4,033.4% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock valued at $9,585,000 after purchasing an additional 270,396 shares in the last quarter. Beaird Harris Wealth Management LLC raised its holdings in shares of Bitwise Bitcoin ETF by 135.7% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 211,994 shares of the company’s stock valued at $7,333,000 after purchasing an additional 122,045 shares in the last quarter. Kedalion Capital Management LLP acquired a new stake in shares of Bitwise Bitcoin ETF in the 4th quarter valued at $4,694,000. Clear Creek Financial Management LLC raised its holdings in shares of Bitwise Bitcoin ETF by 173.8% in the 3rd quarter. Clear Creek Financial Management LLC now owns 126,395 shares of the company’s stock valued at $4,372,000 after purchasing an additional 80,226 shares in the last quarter. Finally, Tidal Investments LLC raised its holdings in shares of Bitwise Bitcoin ETF by 43.8% in the 3rd quarter. Tidal Investments LLC now owns 201,797 shares of the company’s stock valued at $6,980,000 after purchasing an additional 61,499 shares in the last quarter.

Bitwise Bitcoin ETF Trading Down 1.2 %

Shares of NYSEARCA:BITB opened at $45.36 on Friday. The company’s fifty day moving average price is $53.03 and its 200 day moving average price is $44.55. Bitwise Bitcoin ETF has a 12 month low of $27.02 and a 12 month high of $59.07.

Bitwise Bitcoin ETF Company 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.