Gainplan LLC Invests $1.27 Million in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC)

Gainplan LLC bought a new position in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) during the first quarter, Holdings Channel reports. The firm bought 34,684 shares of the company’s stock, valued at approximately $1,266,000. Grayscale Bitcoin Mini Trust ETF comprises about 0.8% of Gainplan LLC’s portfolio, making the stock its 23rd biggest position.

A number of other hedge funds have also added to or reduced their stakes in the stock. Caprock Group LLC bought a new stake in Grayscale Bitcoin Mini Trust ETF during the fourth quarter worth $251,000. Spire Wealth Management purchased a new position in Grayscale Bitcoin Mini Trust ETF during the 4th quarter worth $927,000. Bleakley Financial Group LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the 4th quarter worth $948,000. Citrine Capital LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter valued at about $835,000. Finally, Consolidated Portfolio Review Corp raised its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 94.7% in the fourth quarter. Consolidated Portfolio Review Corp now owns 35,254 shares of the company’s stock valued at $1,476,000 after purchasing an additional 17,143 shares during the last quarter.

Grayscale Bitcoin Mini Trust ETF Stock Down 1.2%

BTC stock opened at $46.51 on Thursday. The business has a 50 day moving average of $42.03 and a 200-day moving average of $42.03. Grayscale Bitcoin Mini Trust ETF has a 12-month low of $22.00 and a 12-month high of $49.65.

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.