FWG Holdings LLC Purchases New Stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

FWG Holdings LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,042 shares of the company’s stock, valued at approximately $271,000.

Other large investors have also recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 3rd quarter worth $111,916,000. Horizon Kinetics Asset Management LLC purchased a new stake in Grayscale Bitcoin Mini Trust during the third quarter worth about $86,042,000. HighTower Advisors LLC acquired a new position in Grayscale Bitcoin Mini Trust during the third quarter worth about $7,491,000. EagleClaw Capital Managment LLC purchased a new position in Grayscale Bitcoin Mini Trust in the third quarter valued at about $5,719,000. Finally, One Charles Private Wealth Services LLC purchased a new position in Grayscale Bitcoin Mini Trust in the third quarter valued at about $2,660,000.

Grayscale Bitcoin Mini Trust Price Performance

Shares of NYSEARCA:BTC opened at $38.54 on Monday. The business’s 50 day simple moving average is $42.72 and its 200-day simple moving average is $36.93. Grayscale Bitcoin Mini Trust has a 12 month low of $22.00 and a 12 month high of $48.07.

Grayscale Bitcoin Mini Trust 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.