Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Shares Sold by IFP Advisors Inc

IFP Advisors Inc cut its position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 42.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,312 shares of the company’s stock after selling 1,723 shares during the quarter. IFP Advisors Inc owned 0.71% of Grayscale Bitcoin Mini Trust worth $101,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Variant Private Wealth LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at $799,000. Able Wealth Management LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at $663,000. Abacus Planning Group Inc. acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at $253,000. Strategic Financial Concepts LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at $1,044,000. Finally, Santa Monica Partners LP acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at $3,262,000.

Grayscale Bitcoin Mini Trust Trading Up 1.0 %

Shares of BTC stock opened at $38.50 on Wednesday. Grayscale Bitcoin Mini Trust has a 1 year low of $22.00 and a 1 year high of $48.07. The business’s fifty day moving average is $42.92 and its 200-day moving average is $36.66.

Grayscale Bitcoin Mini Trust Company 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.