Flow Traders U.S. LLC Increases Stake in VanEck Bitcoin Trust ETF (NYSEARCA:HODL)

Flow Traders U.S. LLC grew its position in VanEck Bitcoin Trust ETF (NYSEARCA:HODL) by 250.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 107,265 shares of the company’s stock after buying an additional 76,682 shares during the period. Flow Traders U.S. LLC’s holdings in VanEck Bitcoin Trust ETF were worth $7,705,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Susquehanna International Group LLP raised its holdings in VanEck Bitcoin Trust ETF by 126.2% in the 2nd quarter. Susquehanna International Group LLP now owns 579,942 shares of the company’s stock worth $39,361,000 after acquiring an additional 323,588 shares during the last quarter. Jane Street Group LLC bought a new position in shares of VanEck Bitcoin Trust ETF during the first quarter valued at $5,394,000. Renaissance Technologies LLC purchased a new stake in shares of VanEck Bitcoin Trust ETF during the second quarter valued at $2,077,000. Horizon Kinetics Asset Management LLC bought a new stake in VanEck Bitcoin Trust ETF in the 3rd quarter worth about $548,000. Finally, MADDEN SECURITIES Corp purchased a new position in VanEck Bitcoin Trust ETF in the 2nd quarter worth about $481,000.

VanEck Bitcoin Trust ETF Stock Performance

HODL opened at $109.78 on Friday. The company’s 50-day simple moving average is $84.40 and its two-hundred day simple moving average is $75.65. VanEck Bitcoin Trust ETF has a 52-week low of $43.77 and a 52-week high of $112.99.

VanEck Bitcoin Trust ETF Profile

The VanEck Bitcoin Trust (HODL) is an exchange-traded fund that is based on the MarketVector Bitcoin Benchmark Rate index. The fund provides passive exposure to the price of Bitcoin through the purchase of shares, allowing investors to track the performance of Bitcoin without directly owning and managing the digital currency.