Secure Asset Management LLC Makes New $401,000 Investment in Grayscale Bitcoin Mini Trust ETF $BTC

Secure Asset Management LLC purchased a new position in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,395 shares of the company’s stock, valued at approximately $401,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in BTC. Headlands Technologies LLC raised its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 219.1% in the first quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $26,000 after buying an additional 482 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the first quarter worth $27,000. Keystone Financial Group Inc. purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the first quarter worth $28,000. Elequin Capital LP purchased a new position in shares of Grayscale Bitcoin Mini Trust ETF during the first quarter worth $28,000. Finally, Jackson Grant Investment Advisers Inc. raised its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 207.6% during the first quarter. Jackson Grant Investment Advisers Inc. now owns 849 shares of the company’s stock worth $31,000 after purchasing an additional 573 shares during the last quarter. Hedge funds and other institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

Shares of Grayscale Bitcoin Mini Trust ETF stock opened at $52.04 on Friday. The firm has a fifty day moving average price of $51.12 and a 200 day moving average price of $45.57. Grayscale Bitcoin Mini Trust ETF has a 1 year low of $26.10 and a 1 year high of $54.48.

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.