Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Stake Lessened by Independent Advisor Alliance

Independent Advisor Alliance lessened its holdings in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 91.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,554 shares of the company’s stock after selling 85,109 shares during the quarter. Independent Advisor Alliance’s holdings in Grayscale Bitcoin Mini Trust were worth $316,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter worth approximately $25,000. Golden State Wealth Management LLC purchased a new stake in Grayscale Bitcoin Mini Trust in the 4th quarter worth approximately $27,000. Modus Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at $29,000. Mainstream Capital Management LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at $32,000. Finally, SouthState Corp acquired a new position in shares of Grayscale Bitcoin Mini Trust in the third quarter worth $37,000.

Grayscale Bitcoin Mini Trust Trading Down 2.7 %

Shares of NYSEARCA:BTC opened at $36.43 on Wednesday. The business has a fifty day simple moving average of $41.82 and a 200 day simple moving average of $37.40. Grayscale Bitcoin Mini Trust has a 1 year low of $22.00 and a 1 year high of $48.07.

Grayscale Bitcoin Mini Trust Company 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.