Stonebrook Private Inc. Makes New Investment in Grayscale Bitcoin Mini Trust ETF $BTC

Stonebrook Private Inc. purchased a new position in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 109,453 shares of the company’s stock, valued at approximately $4,239,000. Grayscale Bitcoin Mini Trust ETF makes up 0.9% of Stonebrook Private Inc.’s holdings, making the stock its 24th largest holding.

Other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in Grayscale Bitcoin Mini Trust ETF by 44.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 57,801 shares of the company’s stock worth $2,926,000 after buying an additional 17,667 shares in the last quarter. Aptus Capital Advisors LLC purchased a new stake in Grayscale Bitcoin Mini Trust ETF in the 3rd quarter worth $1,486,000. Van Hulzen Asset Management LLC increased its stake in Grayscale Bitcoin Mini Trust ETF by 41.1% in the 4th quarter. Van Hulzen Asset Management LLC now owns 57,283 shares of the company’s stock worth $2,219,000 after buying an additional 16,686 shares in the last quarter. Kaleidoscope Capital LP boosted its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 7.4% during the 3rd quarter. Kaleidoscope Capital LP now owns 543,346 shares of the company’s stock valued at $27,510,000 after purchasing an additional 37,346 shares during the last quarter. Finally, Austin Wealth Management LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 4th quarter valued at about $701,000. Hedge funds and other institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

BTC opened at $27.44 on Wednesday. The firm has a 50-day simple moving average of $32.70 and a two-hundred day simple moving average of $34.69. Grayscale Bitcoin Mini Trust ETF has a 52 week low of $26.14 and a 52 week high of $55.96.

About Grayscale Bitcoin Mini Trust ETF

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.