Samalin Investment Counsel LLC Buys 37,316 Shares of Grayscale Bitcoin Mini Trust ETF $BTC

Samalin Investment Counsel LLC bought a new position in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) during the third quarter, HoldingsChannel.com reports. The fund bought 37,316 shares of the company’s stock, valued at approximately $1,379,000.

A number of other institutional investors have also recently modified their holdings of the stock. Sloy Dahl & Holst LLC increased its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 0.6% during the third quarter. Sloy Dahl & Holst LLC now owns 960,694 shares of the company’s stock valued at $35,498,000 after acquiring an additional 6,126 shares in the last quarter. Tidal Investments LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 10.4% in the 2nd quarter. Tidal Investments LLC now owns 1,093,783 shares of the company’s stock worth $28,384,000 after purchasing an additional 102,673 shares in the last quarter. NewEdge Wealth LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 3,052.8% in the 1st quarter. NewEdge Wealth LLC now owns 383,564 shares of the company’s stock worth $11,503,000 after purchasing an additional 371,398 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Grayscale Bitcoin Mini Trust ETF by 34.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 273,410 shares of the company’s stock worth $7,095,000 after purchasing an additional 69,840 shares in the last quarter. Finally, ShoreHaven Wealth Partners LLC grew its position in Grayscale Bitcoin Mini Trust ETF by 6.4% during the 3rd quarter. ShoreHaven Wealth Partners LLC now owns 155,176 shares of the company’s stock valued at $5,734,000 after purchasing an additional 9,268 shares during the last quarter. 27.38% of the stock is owned by hedge funds and other institutional investors.

Grayscale Bitcoin Mini Trust ETF Price Performance

Shares of BTC stock opened at $35.89 on Monday. Grayscale Bitcoin Mini Trust ETF has a one year low of $25.65 and a one year high of $51.43. The company’s 50-day moving average is $35.39 and its 200 day moving average is $32.18.

Grayscale Bitcoin Mini Trust ETF 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. BTC was launched on Jul 31, 2024 and is issued by Grayscale.