Financial Security Advisor Inc. Buys 22,714 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Financial Security Advisor Inc. grew its holdings in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 76.3% in the second quarter, Holdings Channel.com reports. The firm owned 52,488 shares of the company’s stock after buying an additional 22,714 shares during the period. Grayscale Bitcoin Mini Trust ETF comprises about 0.6% of Financial Security Advisor Inc.’s investment portfolio, making the stock its 28th biggest position. Financial Security Advisor Inc.’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $2,506,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mainstay Capital Management LLC ADV bought a new position in Grayscale Bitcoin Mini Trust ETF during the second quarter worth about $450,000. Leo Wealth LLC bought a new position in Grayscale Bitcoin Mini Trust ETF during the second quarter worth about $237,000. US Bancorp DE boosted its position in Grayscale Bitcoin Mini Trust ETF by 11.4% during the second quarter. US Bancorp DE now owns 24,043 shares of the company’s stock worth $1,148,000 after purchasing an additional 2,465 shares during the period. Guild Investment Management Inc. boosted its position in Grayscale Bitcoin Mini Trust ETF by 6.4% during the second quarter. Guild Investment Management Inc. now owns 14,292 shares of the company’s stock worth $682,000 after purchasing an additional 858 shares during the period. Finally, Traphagen Investment Advisors LLC boosted its position in Grayscale Bitcoin Mini Trust ETF by 3.1% during the second quarter. Traphagen Investment Advisors LLC now owns 28,809 shares of the company’s stock worth $1,376,000 after purchasing an additional 853 shares during the period. Institutional investors own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Trading Down 1.9%

Shares of NYSEARCA:BTC opened at $53.62 on Friday. Grayscale Bitcoin Mini Trust ETF has a twelve month low of $26.10 and a twelve month high of $55.96. The company has a 50-day moving average price of $50.96 and a two-hundred day moving average price of $47.04.

Grayscale Bitcoin Mini Trust ETF 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.