Bitwise 10 Crypto Index ETF (NYSEARCA:BITW) Stock Short Interest Report for September

by · The Cerbat Gem

Bitwise 10 Crypto Index ETF (NYSEARCA:BITW – Get Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 235 shares, a drop of 93.9% from the September 15th total of 3,858 shares. Based on an average daily volume of 37,119 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Bitwise 10 Crypto Index ETF Stock Up 0.6%

Shares of BITW stock traded up $0.34 during trading hours on Friday, reaching $53.24. The company had a trading volume of 17,987 shares, compared to its average volume of 76,426. Bitwise 10 Crypto Index ETF has a 12 month low of $37.20 and a 12 month high of $83.89. The business has a fifty day simple moving average of $49.78 and a 200-day simple moving average of $46.50.

Institutional Investors Weigh In On Bitwise 10 Crypto Index ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BITW. Independent Financial Group LLC bought a new stake in shares of Bitwise 10 Crypto Index ETF in the 1st quarter worth $1,568,000. Pasadena Private Wealth LLC purchased a new stake in shares of Bitwise 10 Crypto Index ETF in the first quarter valued at about $884,000. Brandywine Oak Private Wealth LLC raised its holdings in shares of Bitwise 10 Crypto Index ETF by 14.4% in the first quarter. Brandywine Oak Private Wealth LLC now owns 101,772 shares of the ETF’s stock valued at $4,540,000 after purchasing an additional 12,841 shares during the last quarter. Basecamp Wealth Advisors LLC purchased a new stake in shares of Bitwise 10 Crypto Index ETF in the first quarter valued at about $531,000. Finally, Western Wealth Management LLC lifted its position in shares of Bitwise 10 Crypto Index ETF by 16.3% during the first quarter. Western Wealth Management LLC now owns 66,716 shares of the ETF’s stock valued at $2,976,000 after purchasing an additional 9,326 shares in the last quarter.

Bitwise 10 Crypto Index ETF (NYSEARCA:BITW) is an exchange-traded fund that provides investors with diversified exposure to major digital assets through a single, U.S.-listed security. The fund is managed by Bitwise Asset Management, a firm that specializes in cryptocurrency index products and investment solutions. BITW is designed to reflect the performance of a rules-based index composed of leading cryptocurrencies, offering a convenient way for investors to gain broad crypto market exposure without directly holding private keys or managing multiple wallets.

The fund’s underlying index targets the largest, investable cryptocurrencies and applies an objective methodology to select and weight constituents, with periodic rebalancing to reflect changes in the market.

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