Walkner Condon Financial Advisors LLC Has $437,000 Position in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Walkner Condon Financial Advisors LLC cut its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 5.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,642 shares of the company’s stock after selling 707 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in Bitwise Bitcoin ETF were worth $437,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Commonwealth Equity Services LLC acquired a new position in shares of Bitwise Bitcoin ETF in the 1st quarter valued at approximately $536,000. Benedetti & Gucer Inc. acquired a new stake in shares of Bitwise Bitcoin ETF in the 1st quarter valued at $1,065,000. 49 Wealth Management LLC acquired a new position in shares of Bitwise Bitcoin ETF during the 1st quarter worth $257,000. Choate Investment Advisors bought a new stake in shares of Bitwise Bitcoin ETF during the 1st quarter worth $332,000. Finally, Headlands Technologies LLC acquired a new stake in Bitwise Bitcoin ETF in the first quarter valued at about $93,000.

Bitwise Bitcoin ETF Trading Up 0.4 %

Bitwise Bitcoin ETF stock opened at $41.70 on Friday. Bitwise Bitcoin ETF has a 12-month low of $21.05 and a 12-month high of $41.93. The business’s 50-day moving average price is $34.79 and its two-hundred day moving average price is $34.64.

Bitwise Bitcoin ETF Company 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.