Aire Advisors LLC Sells 39,500 Shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Aire Advisors LLC lowered its stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 79.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,179 shares of the company’s stock after selling 39,500 shares during the period. Aire Advisors LLC owned approximately 3.13% of Grayscale Bitcoin Mini Trust worth $426,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the stock. Sunbelt Securities Inc. bought a new position in shares of Grayscale Bitcoin Mini Trust during the 3rd quarter valued at approximately $25,000. Golden State Wealth Management LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth $27,000. Modus Advisors LLC purchased a new position in Grayscale Bitcoin Mini Trust during the 4th quarter valued at approximately $29,000. Mainstream Capital Management LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust during the 4th quarter worth approximately $32,000. Finally, Harbor Investment Advisory LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at $40,000.

Grayscale Bitcoin Mini Trust Stock Up 5.2 %

NYSEARCA:BTC opened at $39.13 on Tuesday. The business has a 50 day simple moving average of $41.52 and a 200-day simple moving average of $37.74. Grayscale Bitcoin Mini Trust has a 1 year low of $22.00 and a 1 year high of $48.07.

About Grayscale Bitcoin Mini Trust

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.