Bitwise Ethereum ETF $ETHW Shares Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC increased its holdings in Bitwise Ethereum ETF (NYSEARCA:ETHW) by 17.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 19,471 shares of the company’s stock after buying an additional 2,930 shares during the period. Belpointe Asset Management LLC owned about 0.11% of Bitwise Ethereum ETF worth $352,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in shares of Bitwise Ethereum ETF by 1,211.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 8,917 shares of the company’s stock valued at $161,000 after buying an additional 8,237 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Bitwise Ethereum ETF in the 4th quarter valued at about $251,000. Brandywine Oak Private Wealth LLC boosted its holdings in shares of Bitwise Ethereum ETF by 30.3% in the 1st quarter. Brandywine Oak Private Wealth LLC now owns 12,804 shares of the company’s stock valued at $168,000 after buying an additional 2,974 shares during the period. OxenFree Capital LLC boosted its holdings in shares of Bitwise Ethereum ETF by 20.3% in the 1st quarter. OxenFree Capital LLC now owns 13,889 shares of the company’s stock valued at $182,000 after buying an additional 2,347 shares during the period. Finally, Clear Creek Financial Management LLC boosted its holdings in shares of Bitwise Ethereum ETF by 13.5% in the 1st quarter. Clear Creek Financial Management LLC now owns 14,223 shares of the company’s stock valued at $187,000 after buying an additional 1,690 shares during the period.

Bitwise Ethereum ETF Stock Down 7.8%

NYSEARCA ETHW opened at $28.63 on Friday. Bitwise Ethereum ETF has a one year low of $10.42 and a one year high of $34.84. The company has a 50-day simple moving average of $30.97 and a 200-day simple moving average of $22.10.

Bitwise Ethereum ETF Company Profile

The Bitwise Ethereum ETF (ETHW) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Ether (ETH). It will hold Ether directly, secured through a multi-layer cold storage wallet. ETHW was launched on Jul 22, 2024 and is issued by Bitwise.