Vista Finance LLC Has $599,000 Holdings in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Vista Finance LLC lessened its holdings in Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 4.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,861 shares of the company’s stock after selling 611 shares during the period. Grayscale Bitcoin Trust comprises 0.8% of Vista Finance LLC’s investment portfolio, making the stock its 19th biggest holding. Vista Finance LLC’s holdings in Grayscale Bitcoin Trust were worth $599,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Jane Street Group LLC bought a new stake in Grayscale Bitcoin Trust in the 1st quarter worth about $117,350,000. Farallon Capital Management LLC bought a new stake in Grayscale Bitcoin Trust in the 1st quarter worth about $85,221,000. Sloy Dahl & Holst LLC bought a new stake in Grayscale Bitcoin Trust in the 1st quarter worth about $32,959,000. Bracebridge Capital LLC bought a new position in shares of Grayscale Bitcoin Trust during the 1st quarter valued at approximately $26,526,000. Finally, Mad River Investors bought a new position in shares of Grayscale Bitcoin Trust during the 1st quarter valued at approximately $25,251,000.

Grayscale Bitcoin Trust Price Performance

Shares of Grayscale Bitcoin Trust stock traded up $1.74 on Tuesday, reaching $57.12. 1,880,908 shares of the company traded hands, compared to its average volume of 9,240,407. Grayscale Bitcoin Trust has a 52 week low of $25.70 and a 52 week high of $65.61. The company has a 50 day moving average of $49.50 and a 200 day moving average of $53.49. The firm has a market capitalization of $29.17 billion, a PE ratio of 2.29 and a beta of 1.25.

Grayscale Bitcoin Trust Profile

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.