Commonwealth Equity Services LLC Has $587,000 Stake in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Commonwealth Equity Services LLC increased its position in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 29.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,950 shares of the company’s stock after acquiring an additional 4,107 shares during the period. Commonwealth Equity Services LLC’s holdings in Bitwise Bitcoin ETF were worth $587,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jane Street Group LLC bought a new stake in shares of Bitwise Bitcoin ETF during the first quarter worth about $53,788,000. Hunting Hill Global Capital LLC acquired a new position in Bitwise Bitcoin ETF in the 2nd quarter valued at approximately $18,315,000. IMC Chicago LLC bought a new position in shares of Bitwise Bitcoin ETF during the first quarter valued at $20,530,000. Fielder Capital Group LLC acquired a new position in shares of Bitwise Bitcoin ETF during the first quarter worth $14,614,000. Finally, RPO LLC acquired a new position in shares of Bitwise Bitcoin ETF during the first quarter worth $11,423,000.

Bitwise Bitcoin ETF Trading Down 0.7 %

Shares of NYSEARCA:BITB opened at $34.24 on Friday. The firm’s fifty day moving average is $33.21 and its 200-day moving average is $34.84. Bitwise Bitcoin ETF has a 52 week low of $21.05 and a 52 week high of $40.16.

Bitwise Bitcoin ETF Company Profile

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.