Vermillion & White Wealth Management Group LLC Acquires Shares of 1,000 Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Vermillion & White Wealth Management Group LLC bought a new position in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $42,000. Vermillion & White Wealth Management Group LLC owned about 0.31% of Grayscale Bitcoin Mini Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Golden State Wealth Management LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 4th quarter worth $27,000. Mainstream Capital Management LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust during the fourth quarter valued at $32,000. Redwood Park Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust in the 4th quarter worth about $39,000. Harbor Investment Advisory LLC purchased a new position in Grayscale Bitcoin Mini Trust in the 4th quarter worth about $40,000. Finally, Hollencrest Capital Management lifted its stake in Grayscale Bitcoin Mini Trust by 32.5% during the 4th quarter. Hollencrest Capital Management now owns 1,120 shares of the company’s stock valued at $47,000 after acquiring an additional 275 shares during the period.

Grayscale Bitcoin Mini Trust Price Performance

BTC opened at $46.15 on Monday. The firm has a 50 day moving average price of $39.45 and a 200-day moving average price of $41.04. Grayscale Bitcoin Mini Trust has a twelve month low of $22.00 and a twelve month high of $48.07.

Grayscale Bitcoin Mini Trust 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.