1 week Ago By ABMN Staff
Parkside Financial Bank & Trust cut its position in shares of Grayscale Bitcoin Trust ( NYSEARCA:GBTC – Free Report ) by 7.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,535 shares of the company’s stock after selling 300 shares during the period.
Parkside Financial Bank & Trust’s holdings in Grayscale Bitcoin Trust were worth $188,000 at the end of the most recent reporting period. A number of other large investors have also modified their holdings of the company. Jane Street Group LLC bought a new stake in shares of Grayscale Bitcoin Trust in the 1st quarter valued at approximately $117,350,000.
Farallon Capital Management LLC bought a new stake in Grayscale Bitcoin Trust in the first quarter valued at $85,221,000. Sloy Dahl & Holst LLC acquired a new position in Grayscale Bitcoin Trust during the first quarter worth $32,959,000. Bracebridge Capital LLC bought a new position in shares of Grayscale Bitcoin Trust during the first quarter valued at $26,526,000.
Finally, Mad River Investors acquired a new stake in shares of Grayscale Bitcoin Trust in the 1st quarter valued at $25,251,000. Grayscale Bitcoin Trust Stock Down 4.6 % Shares of Grayscale Bitcoin Trust stock opened at $42.
60 on Friday. Grayscale Bitcoin Trust has a 12-month low of $18.04 and a 12-month high of $65.
61. The stock has a market capitalization of $21.76 billion, a P/E ratio of 2.
29 and a beta of 1.25. The company has a 50-day simple moving average of $50.
86 and a 200 day simple moving average of $55.63. About Grayscale Bitcoin Trust 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.
Further Reading Want to see what other hedge funds are holding GBTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grayscale Bitcoin Trust ( NYSEARCA:GBTC – Free Report ). Receive News & Ratings for Grayscale Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Bitcoin Trust and related companies with MarketBeat.
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