iShares Bitcoin Trust ETF $IBIT Shares Sold by Solstein Capital LLC

Solstein Capital LLC lowered its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 47.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,033 shares of the company’s stock after selling 28,148 shares during the period. Solstein Capital LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,541,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IBIT. Brighton Jones LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $711,000. Bison Wealth LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $3,140,000. Royal Bank of Canada grew its stake in shares of iShares Bitcoin Trust ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after purchasing an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of iShares Bitcoin Trust ETF by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after purchasing an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth approximately $357,000.

iShares Bitcoin Trust ETF Stock Down 0.0%

Shares of IBIT opened at $36.04 on Friday. The firm’s 50 day moving average is $41.79 and its 200-day moving average is $44.23. iShares Bitcoin Trust ETF has a 12-month low of $33.48 and a 12-month high of $71.82.

iShares Bitcoin Trust ETF 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.