Soltis Investment Advisors LLC Has $397,000 Stock Holdings in Grayscale Bitcoin Mini Trust ETF $BTC

Soltis Investment Advisors LLC cut its holdings in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 73.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,246 shares of the company’s stock after selling 28,202 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $397,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Millennium Management LLC lifted its stake in shares of Grayscale Bitcoin Mini Trust ETF by 25.0% in the third quarter. Millennium Management LLC now owns 2,500,165 shares of the company’s stock worth $126,583,000 after buying an additional 500,522 shares during the last quarter. Emory University lifted its stake in shares of Grayscale Bitcoin Mini Trust ETF by 91.0% in the third quarter. Emory University now owns 1,023,417 shares of the company’s stock worth $51,816,000 after buying an additional 487,636 shares during the last quarter. Sloy Dahl & Holst LLC lifted its stake in shares of Grayscale Bitcoin Mini Trust ETF by 19.7% in the fourth quarter. Sloy Dahl & Holst LLC now owns 807,296 shares of the company’s stock worth $31,267,000 after buying an additional 132,586 shares during the last quarter. Paragon Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust ETF in the fourth quarter worth $25,913,000. Finally, Kaleidoscope Capital LP lifted its stake in shares of Grayscale Bitcoin Mini Trust ETF by 7.4% in the third quarter. Kaleidoscope Capital LP now owns 543,346 shares of the company’s stock worth $27,510,000 after buying an additional 37,346 shares during the last quarter. 27.38% of the stock is currently owned by institutional investors and hedge funds.

Grayscale Bitcoin Mini Trust ETF Stock Performance

Shares of Grayscale Bitcoin Mini Trust ETF stock opened at $33.97 on Tuesday. The firm has a fifty day simple moving average of $32.62 and a 200-day simple moving average of $36.20. Grayscale Bitcoin Mini Trust ETF has a 1-year low of $27.55 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.