Crumly & Associates Inc. Raises Holdings in Bitwise Bitcoin ETF $BITB

Crumly & Associates Inc. boosted its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 8.6% during the third quarter, Holdings Channel reports. The fund owned 270,391 shares of the company’s stock after purchasing an additional 21,347 shares during the period. Bitwise Bitcoin ETF makes up 2.2% of Crumly & Associates Inc.’s holdings, making the stock its 13th largest holding. Crumly & Associates Inc.’s holdings in Bitwise Bitcoin ETF were worth $12,265,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Beaird Harris Wealth Management LLC increased its stake in shares of Bitwise Bitcoin ETF by 0.4% during the second quarter. Beaird Harris Wealth Management LLC now owns 937,917 shares of the company’s stock worth $29,882,000 after purchasing an additional 3,670 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Bitwise Bitcoin ETF by 19.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 928,886 shares of the company’s stock valued at $34,192,000 after purchasing an additional 153,599 shares in the last quarter. RPg Family Wealth Advisory LLC grew its stake in shares of Bitwise Bitcoin ETF by 64.4% during the second quarter. RPg Family Wealth Advisory LLC now owns 299,597 shares of the company’s stock worth $9,545,000 after buying an additional 117,411 shares during the last quarter. Atomic Invest LLC increased its stake in shares of Bitwise Bitcoin ETF by 34.4% in the second quarter. Atomic Invest LLC now owns 239,200 shares of the company’s stock valued at $7,833,000 after buying an additional 61,224 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of Bitwise Bitcoin ETF by 134.2% in the first quarter. Bank of America Corp DE now owns 216,907 shares of the company’s stock worth $7,984,000 after purchasing an additional 124,299 shares during the last quarter.

Bitwise Bitcoin ETF Stock Down 2.6%

Bitwise Bitcoin ETF stock traded down $1.20 during mid-day trading on Wednesday, hitting $45.27. 578,654 shares of the stock were exchanged, compared to its average volume of 2,184,478. Bitwise Bitcoin ETF has a 12 month low of $31.49 and a 12 month high of $67.55. The firm’s fifty day simple moving average is $40.84 and its two-hundred day simple moving average is $38.82.

About Bitwise Bitcoin ETF

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.