Grayscale Bitcoin Trust ETF $GBTC Shares Newly Acquired by Vise Technologies Inc.

Vise Technologies Inc. acquired a new stake in Grayscale Bitcoin Trust ETF (NYSEARCA:GBTC) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 10,022 shares of the company’s stock, valued at approximately $647,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Blue Fin Capital Inc. bought a new position in Grayscale Bitcoin Trust ETF during the 3rd quarter worth about $201,000. Modera Wealth Management LLC bought a new stake in Grayscale Bitcoin Trust ETF in the 3rd quarter valued at approximately $227,000. International Assets Investment Management LLC boosted its position in Grayscale Bitcoin Trust ETF by 5,295.7% during the 3rd quarter. International Assets Investment Management LLC now owns 300,000 shares of the company’s stock worth $19,377,000 after acquiring an additional 294,440 shares during the last quarter. Partners Wealth Management LLC bought a new position in shares of Grayscale Bitcoin Trust ETF during the 3rd quarter worth approximately $484,000. Finally, Choreo LLC boosted its holdings in Grayscale Bitcoin Trust ETF by 1.0% during the third quarter. Choreo LLC now owns 22,333 shares of the company’s stock worth $1,442,000 after purchasing an additional 212 shares during the last quarter.

Grayscale Bitcoin Trust ETF Trading Down 1.4%

Shares of GBTC stock opened at $56.83 on Wednesday. The firm’s fifty day moving average price is $62.36 and its two-hundred day moving average price is $56.47. Grayscale Bitcoin Trust ETF has a 1 year low of $44.98 and a 1 year high of $82.14. The firm has a market capitalization of $11.02 billion, a P/E ratio of 2.23 and a beta of 2.04.

About Grayscale Bitcoin Trust ETF

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.