Kaleidoscope Capital LP acquired a new stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report) during the fourth quarter, HoldingsChannel reports. The fund acquired 102,912 shares of the company’s stock, valued at approximately $5,233,000. Bitwise Bitcoin ETF accounts for 5.1% of Kaleidoscope Capital LP’s investment portfolio, making the stock its 7th biggest holding.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Gleason Group Inc. purchased a new stake in Bitwise Bitcoin ETF in the 4th quarter worth $25,000. VisionPoint Advisory Group LLC bought a new stake in shares of Bitwise Bitcoin ETF during the fourth quarter worth $56,000. Signaturefd LLC increased its position in shares of Bitwise Bitcoin ETF by 819.7% during the fourth quarter. Signaturefd LLC now owns 1,214 shares of the company’s stock worth $62,000 after acquiring an additional 1,082 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at about $66,000. Finally, Hollencrest Capital Management raised its holdings in Bitwise Bitcoin ETF by 257.2% in the fourth quarter. Hollencrest Capital Management now owns 1,518 shares of the company’s stock worth $77,000 after purchasing an additional 1,093 shares in the last quarter.
Bitwise Bitcoin ETF Price Performance
NYSEARCA:BITB opened at $45.74 on Wednesday. Bitwise Bitcoin ETF has a 52 week low of $27.02 and a 52 week high of $59.07. The firm has a 50 day moving average of $47.31 and a 200 day moving average of $47.69.
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.
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Want to see what other hedge funds are holding BITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bitwise Bitcoin ETF (NYSEARCA:BITB – Free Report).
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