Bitwise Bitcoin ETF (NYSEARCA:BITB) Stock Holdings Lowered by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC cut its holdings in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 27.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 201,430 shares of the company’s stock after selling 75,670 shares during the period. Orion Portfolio Solutions LLC’s holdings in Bitwise Bitcoin ETF were worth $10,243,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in BITB. Proficio Capital Partners LLC boosted its stake in shares of 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 acquiring an additional 2,070,139 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Bitwise Bitcoin ETF by 137.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 306,887 shares of the company’s stock valued at $15,605,000 after purchasing an additional 177,401 shares during the period. Beaird Harris Wealth Management LLC increased its stake 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 worth $7,333,000 after purchasing an additional 122,045 shares in the last quarter. Kedalion Capital Management LLP acquired a new stake in Bitwise Bitcoin ETF during the 4th quarter worth about $4,694,000. Finally, Tidal Investments LLC lifted its stake in Bitwise Bitcoin ETF by 43.8% during the third quarter. Tidal Investments LLC now owns 201,797 shares of the company’s stock valued at $6,980,000 after buying an additional 61,499 shares in the last quarter.

Bitwise Bitcoin ETF Trading Down 3.8 %

Shares of BITB opened at $45.58 on Friday. Bitwise Bitcoin ETF has a one year low of $27.02 and a one year high of $59.07. The company has a 50-day moving average of $50.39 and a two-hundred day moving average of $46.60.

About Bitwise Bitcoin ETF

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.