Interchange Capital Partners LLC Has $90,000 Stake in Grayscale Bitcoin Mini Trust ETF $BTC

Interchange Capital Partners LLC lowered its stake in shares of Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 84.9% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,881 shares of the company’s stock after selling 10,560 shares during the period. Interchange Capital Partners LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $90,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in BTC. Millennium Management LLC boosted its stake in Grayscale Bitcoin Mini Trust ETF by 133.4% during the 1st quarter. Millennium Management LLC now owns 1,794,858 shares of the company’s stock valued at $65,494,000 after purchasing an additional 1,025,947 shares during the last quarter. Reliant Wealth Planning bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter worth approximately $5,543,000. DRW Securities LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter worth approximately $4,617,000. ShoreHaven Wealth Partners LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter worth approximately $2,899,000. Finally, Riversedge Advisors LLC bought a new position in shares of Grayscale Bitcoin Mini Trust ETF during the 1st quarter worth approximately $2,067,000. Institutional investors and hedge funds own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

Grayscale Bitcoin Mini Trust ETF stock opened at $49.88 on Wednesday. Grayscale Bitcoin Mini Trust ETF has a 52 week low of $28.75 and a 52 week high of $55.96. The company’s 50 day moving average price is $51.00 and its two-hundred day moving average price is $47.36.

Grayscale Bitcoin Mini Trust ETF Profile

The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin.