Global Retirement Partners LLC Boosts Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Global Retirement Partners LLC increased its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 22.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,196 shares of the company’s stock after acquiring an additional 2,918 shares during the period. Global Retirement Partners LLC’s holdings in Bitwise Bitcoin ETF were worth $560,000 as of its most recent SEC filing.

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

Bitwise Bitcoin ETF Price Performance

Shares of NYSEARCA BITB opened at $37.38 on Monday. The business has a fifty day moving average of $33.31 and a two-hundred day moving average of $34.47. 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.