Bitwise Bitcoin ETF $BITB Stock Purchased by Atomic Invest LLC

Atomic Invest LLC boosted its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 34.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 239,200 shares of the company’s stock after purchasing an additional 61,224 shares during the quarter. Bitwise Bitcoin ETF comprises approximately 0.7% of Atomic Invest LLC’s portfolio, making the stock its 14th biggest position. Atomic Invest LLC’s holdings in Bitwise Bitcoin ETF were worth $7,833,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Savant Capital LLC grew its position in shares of Bitwise Bitcoin ETF by 535.9% in the 4th quarter. Savant Capital LLC now owns 30,053 shares of the company’s stock valued at $1,429,000 after buying an additional 25,327 shares during the last quarter. Beaird Harris Wealth Management LLC boosted its stake in Bitwise Bitcoin ETF by 18.9% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 768,789 shares of the company’s stock valued at $36,564,000 after acquiring an additional 122,276 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Bitwise Bitcoin ETF by 134.2% during the first quarter. Bank of America Corp DE now owns 216,907 shares of the company’s stock worth $7,984,000 after purchasing an additional 124,299 shares during the last quarter. Arax Advisory Partners grew its holdings in shares of Bitwise Bitcoin ETF by 143.7% during the fourth quarter. Arax Advisory Partners now owns 29,205 shares of the company’s stock worth $1,389,000 after purchasing an additional 17,223 shares during the last quarter. Finally, RFG Advisory LLC grew its holdings in shares of Bitwise Bitcoin ETF by 34.9% during the second quarter. RFG Advisory LLC now owns 114,140 shares of the company’s stock worth $3,636,000 after purchasing an additional 29,558 shares during the last quarter.

Bitwise Bitcoin ETF Stock Down 0.6%

Shares of BITB traded down $0.27 during midday trading on Friday, reaching $45.52. 681,757 shares of the stock were exchanged, compared to its average volume of 2,245,495. Bitwise Bitcoin ETF has a twelve month low of $31.49 and a twelve month high of $68.74. The business’s 50-day moving average price is $39.15 and its 200 day moving average price is $38.43.

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.