Bitwise Bitcoin ETF (NYSEARCA:BITB) Stake Lifted by Creative Planning

Creative Planning raised its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 3.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 39,875 shares of the company’s stock after buying an additional 1,274 shares during the quarter. Creative Planning’s holdings in Bitwise Bitcoin ETF were worth $1,304,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of BITB. Millennium Management LLC boosted its position in shares of Bitwise Bitcoin ETF by 71.3% during the second quarter. Millennium Management LLC now owns 1,979,534 shares of the company’s stock worth $64,711,000 after buying an additional 823,817 shares during the period. Susquehanna International Group LLP boosted its position in Bitwise Bitcoin ETF by 238.5% during the 2nd quarter. Susquehanna International Group LLP now owns 1,898,597 shares of the company’s stock worth $62,065,000 after acquiring an additional 1,337,765 shares during the period. Jane Street Group LLC bought a new position in shares of Bitwise Bitcoin ETF in the first quarter worth $53,788,000. IMC Chicago LLC increased its holdings in shares of Bitwise Bitcoin ETF by 11.6% during the second quarter. IMC Chicago LLC now owns 591,651 shares of the company’s stock valued at $19,341,000 after purchasing an additional 61,303 shares during the period. Finally, Hunting Hill Global Capital LLC bought a new stake in shares of Bitwise Bitcoin ETF during the second quarter valued at about $18,315,000.

Bitwise Bitcoin ETF Trading Down 1.8 %

Shares of BITB opened at $33.91 on Wednesday. The firm has a 50-day moving average price of $32.83 and a 200 day moving average price of $34.58. Bitwise Bitcoin ETF has a 52-week low of $21.05 and a 52-week high of $40.16.

Bitwise Bitcoin ETF 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.