MRP Capital Investments LLC Grows Stock Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

MRP Capital Investments LLC boosted its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 70.0% in the second quarter, Holdings Channel reports. The fund owned 19,198 shares of the company’s stock after purchasing an additional 7,908 shares during the period. MRP Capital Investments LLC’s holdings in Bitwise Bitcoin ETF were worth $628,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in shares of Bitwise Bitcoin ETF during the 1st quarter valued at approximately $53,788,000. Hunting Hill Global Capital LLC acquired a new position in Bitwise Bitcoin ETF during the second quarter worth $18,315,000. IMC Chicago LLC purchased a new stake in Bitwise Bitcoin ETF during the first quarter worth $20,530,000. Fielder Capital Group LLC purchased a new stake in Bitwise Bitcoin ETF during the first quarter worth $14,614,000. Finally, RPO LLC acquired a new stake in Bitwise Bitcoin ETF in the first quarter valued at $11,423,000.

Bitwise Bitcoin ETF Stock Up 0.2 %

NYSEARCA:BITB opened at $32.73 on Thursday. Bitwise Bitcoin ETF has a 52-week low of $21.05 and a 52-week high of $40.16. The stock has a fifty day simple moving average of $33.09 and a 200-day simple moving average of $34.84.

About Bitwise Bitcoin ETF

The Bitwise Bitcoin ETF Trust (BITB) 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 price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.