BlueCrest Capital Management Ltd Makes New $2.78 Million Investment in iShares Bitcoin Trust (NASDAQ:IBIT)

BlueCrest Capital Management Ltd acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 77,000 shares of the company’s stock, valued at approximately $2,782,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Glass Jacobson Investment Advisors llc acquired a new position in iShares Bitcoin Trust in the second quarter worth about $26,000. Asset Dedication LLC lifted its position in shares of iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after buying an additional 279 shares during the period. International Assets Investment Management LLC acquired a new stake in iShares Bitcoin Trust in the 2nd quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares Bitcoin Trust in the second quarter valued at $36,000. Finally, Hantz Financial Services Inc. acquired a new position in iShares Bitcoin Trust during the second quarter worth $36,000.

iShares Bitcoin Trust Price Performance

Shares of NASDAQ IBIT opened at $55.21 on Friday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $56.86. The business has a fifty day moving average of $42.45 and a two-hundred day moving average of $38.07.

iShares Bitcoin Trust 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.