Gallacher Capital Management LLC Invests $1.36 Million in Grayscale Bitcoin Mini Trust ETF $BTC

Gallacher Capital Management LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) during the first quarter, HoldingsChannel reports. The firm acquired 45,222 shares of the company’s stock, valued at approximately $1,356,000.

Other large investors have also modified their holdings of the company. Orion Porfolio Solutions LLC lifted its position in Grayscale Bitcoin Mini Trust ETF by 2.5% in the second quarter. Orion Porfolio Solutions LLC now owns 10,639 shares of the company’s stock worth $508,000 after purchasing an additional 255 shares during the period. Almanack Investment Partners LLC. increased its holdings in Grayscale Bitcoin Mini Trust ETF by 1.2% in the 4th quarter. Almanack Investment Partners LLC. now owns 26,700 shares of the company’s stock valued at $1,034,000 after buying an additional 323 shares during the period. VanderPol Investments L.L.C. increased its holdings in Grayscale Bitcoin Mini Trust ETF by 4.4% in the 4th quarter. VanderPol Investments L.L.C. now owns 7,763 shares of the company’s stock valued at $301,000 after buying an additional 325 shares during the period. Mosaic Family Wealth Partners LLC raised its stake in shares of Grayscale Bitcoin Mini Trust ETF by 3.2% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 11,054 shares of the company’s stock valued at $332,000 after buying an additional 338 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of Grayscale Bitcoin Mini Trust ETF by 2.3% in the 4th quarter. Global Retirement Partners LLC now owns 15,336 shares of the company’s stock valued at $594,000 after buying an additional 341 shares in the last quarter. 27.38% of the stock is currently owned by institutional investors and hedge funds.

Grayscale Bitcoin Mini Trust ETF Stock Down 1.1%

NYSEARCA:BTC opened at $28.41 on Friday. The company has a 50-day moving average of $29.95 and a 200-day moving average of $32.48. Grayscale Bitcoin Mini Trust ETF has a 52 week low of $25.65 and a 52 week high of $55.96.

Grayscale Bitcoin Mini Trust ETF Profile

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.