Bitwise Bitcoin ETF $BITB Shares Acquired by Unique Wealth LLC

Unique Wealth LLC increased its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 19.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 132,620 shares of the company’s stock after purchasing an additional 21,703 shares during the quarter. Bitwise Bitcoin ETF makes up about 0.9% of Unique Wealth LLC’s investment portfolio, making the stock its 28th largest position. Unique Wealth LLC’s holdings in Bitwise Bitcoin ETF were worth $6,307,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Miller Global Investments LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at about $595,000. Keel Point LLC lifted its stake in Bitwise Bitcoin ETF by 100.7% in the 3rd quarter. Keel Point LLC now owns 12,787 shares of the company’s stock valued at $796,000 after buying an additional 6,417 shares in the last quarter. CMC Financial Group purchased a new stake in Bitwise Bitcoin ETF in the 3rd quarter valued at approximately $396,000. CIBC Bancorp USA Inc. acquired a new stake in Bitwise Bitcoin ETF during the 3rd quarter valued at $1,166,000. Finally, Wilmington Savings Fund Society FSB increased its position in Bitwise Bitcoin ETF by 52.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 3,399 shares of the company’s stock worth $211,000 after buying an additional 1,164 shares in the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of NYSEARCA:BITB opened at $38.16 on Friday. Bitwise Bitcoin ETF has a 52-week low of $33.81 and a 52-week high of $68.74. The stock’s fifty day simple moving average is $41.44 and its 200-day simple moving average is $50.69.

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.