1,003,583 Shares in iShares Bitcoin Trust ETF $IBIT Purchased by Lantern Wealth Advisors LLC

Lantern Wealth Advisors LLC acquired a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,003,583 shares of the company’s stock, valued at approximately $65,233,000. iShares Bitcoin Trust ETF makes up 21.0% of Lantern Wealth Advisors LLC’s holdings, making the stock its largest position.

A number of other institutional investors and hedge funds also recently bought and sold shares of IBIT. JPMorgan Chase & Co. lifted its position in iShares Bitcoin Trust ETF by 1,119.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock worth $196,916,000 after buying an additional 2,953,342 shares in the last quarter. 59 North Capital Management LP bought a new position in iShares Bitcoin Trust ETF in the third quarter valued at approximately $169,100,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth $113,404,000. Capula Management Ltd boosted its holdings in iShares Bitcoin Trust ETF by 22.5% during the second quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock worth $580,346,000 after buying an additional 1,739,073 shares during the last quarter. Finally, Sculptor Capital LP grew its holdings in iShares Bitcoin Trust ETF by 59.5% during the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after purchasing an additional 1,673,788 shares during the period.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT stock opened at $40.26 on Thursday. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82. The firm has a fifty day moving average of $43.49 and a 200-day moving average of $53.01.

Key Headlines Impacting iShares Bitcoin Trust ETF

Here are the key news stories impacting iShares Bitcoin Trust ETF this week:

• Positive Sentiment: Bitcoin has climbed to a multi-week high, which supports IBIT’s spot-BTC exposure and long-term demand for Bitcoin ETFs. Read More.
• Positive Sentiment: Industry ETF flow reports show Bitcoin-led inflows among ETF product groups this week, a tailwind for IBIT if it captures a share of those flows. Read More.
• Positive Sentiment: Bitcoin ETFs have outperformed the S&P during recent equity weakness, indicating investor rotation into crypto exposure that can benefit large spot Bitcoin ETFs like IBIT. Read More.
• Neutral Sentiment: Standalone comparisons and coverage (e.g., contrast with other tickers) are circulating but add little immediate directional pressure absent fund flow shifts. Read More.
• Negative Sentiment: Several reports highlight that Strategy/MicroStrategy (MSTR) is rapidly accumulating Bitcoin and may soon match or exceed BlackRock’s IBIT Bitcoin holdings. That competition for headline ownership of BTC can redirect investor attention and flows away from IBIT and create relative-performance selling pressure. Read More. Read More. Read More.

iShares Bitcoin Trust ETF Profile

The IShares Bitcoin Trust Registered (IBIT) 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 spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.