Grayscale Bitcoin Mini Trust ETF $BTC Stock: Heritage Family Offices LLP Boosts Position

Heritage Family Offices LLP lifted its holdings in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 15.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 236,964 shares of the company’s stock after purchasing an additional 31,487 shares during the quarter. Grayscale Bitcoin Mini Trust ETF comprises approximately 2.9% of Heritage Family Offices LLP’s investment portfolio, making the stock its 5th biggest position. Heritage Family Offices LLP’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $8,756,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of BTC. Sloy Dahl & Holst LLC raised its holdings in Grayscale Bitcoin Mini Trust ETF by 0.6% in the 3rd quarter. Sloy Dahl & Holst LLC now owns 960,694 shares of the company’s stock valued at $35,498,000 after buying an additional 6,126 shares during the period. Tidal Investments LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 10.4% during the second quarter. Tidal Investments LLC now owns 1,093,783 shares of the company’s stock worth $28,384,000 after buying an additional 102,673 shares during the period. NewEdge Wealth LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 3,052.8% during the first quarter. NewEdge Wealth LLC now owns 383,564 shares of the company’s stock worth $11,503,000 after buying an additional 371,398 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Grayscale Bitcoin Mini Trust ETF by 34.3% during the second quarter. Envestnet Asset Management Inc. now owns 273,410 shares of the company’s stock valued at $7,095,000 after acquiring an additional 69,840 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its stake in shares of Grayscale Bitcoin Mini Trust ETF by 5.5% in the 3rd quarter. Kestra Advisory Services LLC now owns 170,337 shares of the company’s stock valued at $6,294,000 after acquiring an additional 8,921 shares during the period. 27.38% of the stock is currently owned by hedge funds and other institutional investors.

Grayscale Bitcoin Mini Trust ETF Stock Performance

Shares of NYSEARCA:BTC traded down $0.13 during mid-day trading on Friday, reaching $33.50. 1,476,858 shares of the company were exchanged, compared to its average volume of 2,708,235. The firm’s 50-day simple moving average is $35.76 and its 200 day simple moving average is $32.26. Grayscale Bitcoin Mini Trust ETF has a 1 year low of $25.65 and a 1 year high of $47.07.

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.