Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Trading Down 0.4% – What’s Next?

Grayscale Bitcoin Mini Trust (NYSEARCA:BTCGet Free Report) shares fell 0.4% on Thursday . The stock traded as low as $42.41 and last traded at $42.96. 859,389 shares were traded during trading, a decline of 40% from the average session volume of 1,425,263 shares. The stock had previously closed at $43.14.

Grayscale Bitcoin Mini Trust Stock Down 1.3 %

The stock’s fifty day simple moving average is $43.93 and its 200-day simple moving average is $53.04.

Institutional Investors Weigh In On Grayscale Bitcoin Mini Trust

Hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter worth about $111,916,000. Horizon Kinetics Asset Management LLC bought a new position in Grayscale Bitcoin Mini Trust in the 3rd quarter worth about $86,042,000. Sloy Dahl & Holst LLC bought a new position in Grayscale Bitcoin Mini Trust in the 3rd quarter worth about $16,406,000. Emory University acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at approximately $15,082,000. Finally, HighTower Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter valued at approximately $7,491,000.

Featured Stories

Receive News & Ratings for Grayscale Bitcoin Mini Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Bitcoin Mini Trust and related companies with MarketBeat.com's FREE daily email newsletter.