Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Shares Sold by US Bancorp DE

US Bancorp DE trimmed its holdings in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 80.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,912 shares of the company’s stock after selling 35,789 shares during the quarter. US Bancorp DE owned 2.74% of Grayscale Bitcoin Mini Trust worth $373,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Asset Dedication LLC raised its holdings in Grayscale Bitcoin Mini Trust by 56.5% during the 4th quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock worth $49,000 after buying an additional 424 shares during the period. Golden State Wealth Management LLC acquired a new stake in Grayscale Bitcoin Mini Trust during the 4th quarter worth about $27,000. Modus Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the 4th quarter valued at about $29,000. Harbor Investment Advisory LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the 4th quarter valued at about $40,000. Finally, Quent Capital LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the 4th quarter valued at about $53,000.

Grayscale Bitcoin Mini Trust Trading Down 3.4 %

Shares of BTC opened at $35.50 on Friday. Grayscale Bitcoin Mini Trust has a fifty-two week low of $22.00 and a fifty-two week high of $48.07. The business’s 50-day moving average is $42.23 and its 200-day moving average is $37.04.

Grayscale Bitcoin Mini Trust 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.