US Bancorp DE Has $1.15 Million Stake in Grayscale Bitcoin Mini Trust ETF $BTC

US Bancorp DE lifted its holdings in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 11.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 24,043 shares of the company’s stock after acquiring an additional 2,465 shares during the period. US Bancorp DE’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $1,148,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Guild Investment Management Inc. boosted its stake in Grayscale Bitcoin Mini Trust ETF by 6.4% during the 2nd quarter. Guild Investment Management Inc. now owns 14,292 shares of the company’s stock worth $682,000 after acquiring an additional 858 shares during the last quarter. Traphagen Investment Advisors LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 3.1% during the 2nd quarter. Traphagen Investment Advisors LLC now owns 28,809 shares of the company’s stock worth $1,376,000 after acquiring an additional 853 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 2.5% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 62,843 shares of the company’s stock worth $3,001,000 after acquiring an additional 1,515 shares during the last quarter. Meitav Investment House Ltd. boosted its stake in Grayscale Bitcoin Mini Trust ETF by 66.2% during the 2nd quarter. Meitav Investment House Ltd. now owns 46,328 shares of the company’s stock worth $2,212,000 after acquiring an additional 18,454 shares during the last quarter. Finally, Merit Financial Group LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 42.2% during the 2nd quarter. Merit Financial Group LLC now owns 73,639 shares of the company’s stock worth $3,516,000 after acquiring an additional 21,844 shares during the last quarter. Institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

Grayscale Bitcoin Mini Trust ETF stock opened at $47.14 on Friday. The company’s 50 day simple moving average is $50.79 and its 200 day simple moving average is $47.52. Grayscale Bitcoin Mini Trust ETF has a fifty-two week low of $28.87 and a fifty-two week 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.