Echo45 Advisors LLC Has $468,000 Stake in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Echo45 Advisors LLC grew its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 11.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,728 shares of the company’s stock after acquiring an additional 868 shares during the quarter. Echo45 Advisors LLC’s holdings in Bitwise Bitcoin ETF were worth $468,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Susquehanna International Group LLP raised its position in Bitwise Bitcoin ETF by 238.5% in the 2nd quarter. Susquehanna International Group LLP now owns 1,898,597 shares of the company’s stock valued at $62,065,000 after buying an additional 1,337,765 shares during the last quarter. Millennium Management LLC raised its position in Bitwise Bitcoin ETF by 71.3% during the second quarter. Millennium Management LLC now owns 1,979,534 shares of the company’s stock worth $64,711,000 after acquiring an additional 823,817 shares in the last quarter. Orion Portfolio Solutions LLC raised its holdings in shares of Bitwise Bitcoin ETF by 4,033.4% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock valued at $9,585,000 after purchasing an additional 270,396 shares during the period. Beaird Harris Wealth Management LLC lifted its stake in shares of Bitwise Bitcoin ETF by 135.7% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 211,994 shares of the company’s stock worth $7,333,000 after buying an additional 122,045 shares during the last quarter. Finally, Clear Creek Financial Management LLC lifted its position in Bitwise Bitcoin ETF by 173.8% during the third quarter. Clear Creek Financial Management LLC now owns 126,395 shares of the company’s stock worth $4,372,000 after acquiring an additional 80,226 shares during the last quarter.

Bitwise Bitcoin ETF Stock Down 1.7 %

Shares of Bitwise Bitcoin ETF stock opened at $56.82 on Thursday. The company has a 50 day moving average of $52.92 and a 200-day moving average of $40.92. Bitwise Bitcoin ETF has a 1-year low of $21.05 and a 1-year high of $59.07.

Bitwise Bitcoin ETF Profile

The Bitwise Bitcoin ETF Trust (BITB) 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 price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.