Theory Financial LLC Acquires 32,429 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Theory Financial LLC raised its stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 101.6% in the third quarter, Holdings Channel.com reports. The firm owned 64,345 shares of the company’s stock after buying an additional 32,429 shares during the period. Theory Financial LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $3,159,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. McIlrath & Eck LLC lifted its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 177.2% in the third quarter. McIlrath & Eck LLC now owns 499 shares of the company’s stock valued at $25,000 after purchasing an additional 319 shares in the last quarter. ORG Partners LLC raised its position in Grayscale Bitcoin Mini Trust ETF by 1,402.6% in the 2nd quarter. ORG Partners LLC now owns 571 shares of the company’s stock valued at $27,000 after buying an additional 533 shares during the last quarter. Laurel Wealth Advisors LLC raised its position in Grayscale Bitcoin Mini Trust ETF by 4,678.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 669 shares of the company’s stock valued at $32,000 after buying an additional 655 shares during the last quarter. Marshall & Sullivan Inc. WA bought a new position in Grayscale Bitcoin Mini Trust ETF during the 2nd quarter valued at $39,000. Finally, Bessemer Group Inc. purchased a new position in Grayscale Bitcoin Mini Trust ETF during the 2nd quarter worth $40,000. 27.38% of the stock is owned by hedge funds and other institutional investors.

Grayscale Bitcoin Mini Trust ETF Trading Up 0.3%

NYSEARCA BTC opened at $42.28 on Friday. The company has a fifty day moving average price of $40.25 and a 200-day moving average price of $46.87. Grayscale Bitcoin Mini Trust ETF has a 1 year low of $33.53 and a 1 year high of $55.96.

Grayscale Bitcoin Mini Trust ETF 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. BTC was launched on Jul 31, 2024 and is issued by Grayscale.