Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Acquired by O Dell Group LLC

O Dell Group LLC grew its holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 20.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,453 shares of the company’s stock after buying an additional 3,467 shares during the period. O Dell Group LLC’s holdings in Bitwise Bitcoin ETF were worth $1,040,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Gleason Group Inc. purchased a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at about $25,000. VisionPoint Advisory Group LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the fourth quarter valued at about $56,000. Avior Wealth Management LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the third quarter valued at about $69,000. Farther Finance Advisors LLC grew its holdings in shares of Bitwise Bitcoin ETF by 6,150.0% in the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock valued at $86,000 after purchasing an additional 2,460 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Bitwise Bitcoin ETF by 85.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,369 shares of the company’s stock valued at $120,000 after purchasing an additional 1,091 shares during the period.

Bitwise Bitcoin ETF Price Performance

Shares of BITB opened at $42.99 on Tuesday. Bitwise Bitcoin ETF has a 12-month low of $27.02 and a 12-month high of $59.07. The firm has a 50-day moving average price of $52.28 and a 200 day moving average price of $45.43.

Bitwise Bitcoin ETF 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.