Avior Wealth Management LLC Acquires New Shares in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Avior Wealth Management LLC acquired a new stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $69,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Millennium Management LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 71.3% during the 2nd quarter. Millennium Management LLC now owns 1,979,534 shares of the company’s stock valued at $64,711,000 after buying an additional 823,817 shares during the period. Susquehanna International Group LLP lifted its holdings in shares of Bitwise Bitcoin ETF by 238.5% during the 2nd quarter. Susquehanna International Group LLP now owns 1,898,597 shares of the company’s stock valued at $62,065,000 after buying an additional 1,337,765 shares during the period. Jane Street Group LLC bought a new position in shares of Bitwise Bitcoin ETF during the 1st quarter valued at $53,788,000. IMC Chicago LLC lifted its holdings in shares of Bitwise Bitcoin ETF by 9.3% during the 3rd quarter. IMC Chicago LLC now owns 646,743 shares of the company’s stock valued at $22,371,000 after buying an additional 55,092 shares during the period. Finally, Hunting Hill Global Capital LLC bought a new position in shares of Bitwise Bitcoin ETF during the 2nd quarter valued at $18,315,000.

Bitwise Bitcoin ETF Price Performance

NYSEARCA BITB opened at $54.10 on Monday. The business’s fifty day moving average price is $38.76 and its 200-day moving average price is $35.80. Bitwise Bitcoin ETF has a 1-year low of $21.05 and a 1-year high of $54.39.

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.