SRS Capital Advisors Inc. Makes New Investment in Bitwise Bitcoin ETF (NYSEARCA:BITB)

SRS Capital Advisors Inc. purchased a new stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 24,416 shares of the company’s stock, valued at approximately $1,242,000.

A number of other large investors have also made changes to their positions in BITB. Proficio Capital Partners LLC raised its holdings in Bitwise Bitcoin ETF by 6,348.2% during the 4th quarter. Proficio Capital Partners LLC now owns 2,102,749 shares of the company’s stock worth $106,925,000 after buying an additional 2,070,139 shares during the period. Orion Portfolio Solutions LLC raised its holdings in shares of Bitwise Bitcoin ETF by 4,033.4% during the third quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock worth $9,585,000 after acquiring an additional 270,396 shares during the period. Beaird Harris Wealth Management LLC lifted its position in Bitwise Bitcoin ETF by 135.7% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 211,994 shares of the company’s stock valued at $7,333,000 after acquiring an additional 122,045 shares in the last quarter. Kedalion Capital Management LLP acquired a new position in Bitwise Bitcoin ETF in the 4th quarter worth $4,694,000. Finally, Clear Creek Financial Management LLC increased its holdings in Bitwise Bitcoin ETF by 173.8% during the 3rd quarter. Clear Creek Financial Management LLC now owns 126,395 shares of the company’s stock worth $4,372,000 after purchasing an additional 80,226 shares in the last quarter.

Bitwise Bitcoin ETF Price Performance

BITB opened at $45.84 on Monday. The business’s 50-day moving average price is $52.90 and its two-hundred day moving average price is $44.81. Bitwise Bitcoin ETF has a 1 year low of $27.02 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.