77,000 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Bought by BlueCrest Capital Management Ltd

BlueCrest Capital Management Ltd bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 77,000 shares of the company’s stock, valued at approximately $2,782,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. IMC Chicago LLC bought a new position in shares of iShares Bitcoin Trust in the third quarter worth about $323,337,000. D. E. Shaw & Co. Inc. grew its holdings in iShares Bitcoin Trust by 1,657.7% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock valued at $90,014,000 after buying an additional 2,486,608 shares during the last quarter. Sculptor Capital LP increased its position in iShares Bitcoin Trust by 188.1% in the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after buying an additional 2,215,107 shares during the period. Aristeia Capital L.L.C. lifted its holdings in shares of iShares Bitcoin Trust by 47.2% during the second quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock worth $202,806,000 after buying an additional 1,903,644 shares during the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in shares of iShares Bitcoin Trust in the second quarter valued at approximately $56,965,000.

iShares Bitcoin Trust Stock Performance

Shares of iShares Bitcoin Trust stock opened at $55.21 on Friday. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $56.86. The company’s fifty day simple moving average is $42.45 and its 200-day simple moving average is $38.07.

iShares Bitcoin Trust Company Profile

The IShares Bitcoin Trust Registered (IBIT) 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 spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.