Grayscale Bitcoin Mini Trust ETF $BTC Stock Position Reduced by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC cut its stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 73.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,246 shares of the company’s stock after selling 28,202 shares during the period. Soltis Investment Advisors LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $397,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Paragon Advisors LLC acquired a new stake in Grayscale Bitcoin Mini Trust ETF in the fourth quarter valued at approximately $25,913,000. Millennium Management LLC lifted its stake in Grayscale Bitcoin Mini Trust ETF by 25.0% in the third quarter. Millennium Management LLC now owns 2,500,165 shares of the company’s stock valued at $126,583,000 after acquiring an additional 500,522 shares during the last quarter. Emory University lifted its stake in Grayscale Bitcoin Mini Trust ETF by 91.0% in the third quarter. Emory University now owns 1,023,417 shares of the company’s stock valued at $51,816,000 after acquiring an additional 487,636 shares during the last quarter. Elequin Capital LP lifted its stake in Grayscale Bitcoin Mini Trust ETF by 165.7% in the third quarter. Elequin Capital LP now owns 361,194 shares of the company’s stock valued at $18,287,000 after acquiring an additional 225,270 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in Grayscale Bitcoin Mini Trust ETF by 448,733.3% in the fourth quarter. Assetmark Inc. now owns 188,510 shares of the company’s stock valued at $7,301,000 after acquiring an additional 188,468 shares during the last quarter. 27.38% of the stock is owned by hedge funds and other institutional investors.

Grayscale Bitcoin Mini Trust ETF Trading Down 2.9%

NYSEARCA BTC opened at $33.97 on Tuesday. The company has a 50 day moving average price of $32.62 and a two-hundred day moving average price of $36.20. Grayscale Bitcoin Mini Trust ETF has a 12-month low of $27.55 and a 12-month high of $55.96.

Grayscale Bitcoin Mini Trust ETF Company 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.