Gryphon Financial Partners LLC Purchases New Shares in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Gryphon Financial Partners LLC bought a new position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 7,040 shares of the company’s stock, valued at approximately $358,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Proficio Capital Partners LLC lifted its holdings in Bitwise Bitcoin ETF by 6,348.2% during the fourth quarter. Proficio Capital Partners LLC now owns 2,102,749 shares of the company’s stock worth $106,925,000 after acquiring an additional 2,070,139 shares during the period. Orion Portfolio Solutions LLC increased its holdings in Bitwise Bitcoin ETF by 4,033.4% during the third quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock worth $9,585,000 after buying an additional 270,396 shares during the last quarter. Beaird Harris Wealth Management LLC raised its position in Bitwise Bitcoin ETF by 135.7% in the third quarter. Beaird Harris Wealth Management LLC now owns 211,994 shares of the company’s stock worth $7,333,000 after acquiring an additional 122,045 shares during the period. Kedalion Capital Management LLP purchased a new position in Bitwise Bitcoin ETF in the fourth quarter valued at about $4,694,000. Finally, Tidal Investments LLC grew its position in shares of Bitwise Bitcoin ETF by 43.8% during the 3rd quarter. Tidal Investments LLC now owns 201,797 shares of the company’s stock valued at $6,980,000 after acquiring an additional 61,499 shares during the period.

Bitwise Bitcoin ETF Trading Up 2.1 %

Bitwise Bitcoin ETF stock opened at $46.79 on Tuesday. The business’s 50 day simple moving average is $52.82 and its 200 day simple moving average is $44.92. Bitwise Bitcoin ETF has a 12 month low of $27.02 and a 12 month high of $59.07.

About Bitwise Bitcoin ETF

The Bitwise Bitcoin ETF Trust (BITB) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.