Bitwise Bitcoin ETF (NYSEARCA:BITB) Shares Purchased by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC boosted its stake in Bitwise Bitcoin ETF (NYSEARCA:BITB) by 173.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,395 shares of the company’s stock after acquiring an additional 80,226 shares during the period. Clear Creek Financial Management LLC’s holdings in Bitwise Bitcoin ETF were worth $4,372,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BITB. Massmutual Trust Co. FSB ADV purchased a new position in shares of Bitwise Bitcoin ETF during the second quarter worth approximately $33,000. Park Place Capital Corp purchased a new position in Bitwise Bitcoin ETF during the 2nd quarter worth $34,000. Headlands Technologies LLC purchased a new stake in shares of Bitwise Bitcoin ETF in the first quarter valued at about $93,000. Farther Finance Advisors LLC boosted its stake in shares of Bitwise Bitcoin ETF by 6,150.0% during the third quarter. Farther Finance Advisors LLC now owns 2,500 shares of the company’s stock worth $86,000 after buying an additional 2,460 shares during the period. Finally, Allworth Financial LP grew its holdings in shares of Bitwise Bitcoin ETF by 381.5% during the third quarter. Allworth Financial LP now owns 2,557 shares of the company’s stock worth $88,000 after buying an additional 2,026 shares during the last quarter.

Bitwise Bitcoin ETF Stock Performance

Shares of BITB stock opened at $37.67 on Friday. The stock’s 50-day moving average price is $34.29 and its 200 day moving average price is $34.50. Bitwise Bitcoin ETF has a 52-week low of $21.05 and a 52-week high of $40.16.

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.