Polar Asset Management Partners Inc. Has $17.36 Million Position in iShares Bitcoin Trust ETF $IBIT

Polar Asset Management Partners Inc. cut its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 43.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 267,020 shares of the company’s stock after selling 204,293 shares during the period. Polar Asset Management Partners Inc.’s holdings in iShares Bitcoin Trust ETF were worth $17,356,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in IBIT. Sachetta LLC grew its holdings in iShares Bitcoin Trust ETF by 793.0% in the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after buying an additional 341 shares during the last quarter. Chapman Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the third quarter worth approximately $25,000. Anchor Investment Management LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after buying an additional 305 shares during the last quarter. Roble Belko & Company Inc boosted its position in shares of iShares Bitcoin Trust ETF by 77.2% in the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares during the period. Finally, Financial Life Planners bought a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at approximately $31,000.

Key Stories Impacting iShares Bitcoin Trust ETF

Here are the key news stories impacting iShares Bitcoin Trust ETF this week:

• Positive Sentiment: Bitcoin has climbed to a multi-week high, which supports IBIT’s spot-BTC exposure and long-term demand for Bitcoin ETFs. Read More.
• Positive Sentiment: Industry ETF flow reports show Bitcoin-led inflows among ETF product groups this week, a tailwind for IBIT if it captures a share of those flows. Read More.
• Positive Sentiment: Bitcoin ETFs have outperformed the S&P during recent equity weakness, indicating investor rotation into crypto exposure that can benefit large spot Bitcoin ETFs like IBIT. Read More.
• Neutral Sentiment: Standalone comparisons and coverage (e.g., contrast with other tickers) are circulating but add little immediate directional pressure absent fund flow shifts. Read More.
• Negative Sentiment: Several reports highlight that Strategy/MicroStrategy (MSTR) is rapidly accumulating Bitcoin and may soon match or exceed BlackRock’s IBIT Bitcoin holdings. That competition for headline ownership of BTC can redirect investor attention and flows away from IBIT and create relative-performance selling pressure. Read More. Read More. Read More.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $40.26 on Thursday. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82. The company’s fifty day simple moving average is $43.49 and its 200-day simple moving average is $53.01.

iShares Bitcoin Trust ETF Company Profile

The IShares Bitcoin Trust Registered (IBIT) 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 spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.