CoinShares Valkyrie Bitcoin Fund (NASDAQ:BRRR - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $31.70 and last traded at $31.65, with a volume of 225455 shares. The stock had previously closed at $30.77.
CoinShares Valkyrie Bitcoin Fund Trading Up 1.4%
The company's fifty day moving average price is $29.88 and its 200-day moving average price is $27.30.
Hedge Funds Weigh In On CoinShares Valkyrie Bitcoin Fund
Several hedge funds have recently modified their holdings of BRRR. CoreCap Advisors LLC increased its holdings in shares of CoinShares Valkyrie Bitcoin Fund by 61.3% during the fourth quarter. CoreCap Advisors LLC now owns 968 shares of the company's stock valued at $26,000 after acquiring an additional 368 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of CoinShares Valkyrie Bitcoin Fund during the first quarter valued at about $209,000. OLD Mission Capital LLC acquired a new position in shares of CoinShares Valkyrie Bitcoin Fund during the first quarter valued at about $221,000. Discipline Wealth Solutions LLC acquired a new position in shares of CoinShares Valkyrie Bitcoin Fund during the fourth quarter valued at about $235,000. Finally, Farringdon Capital Ltd. acquired a new position in shares of CoinShares Valkyrie Bitcoin Fund during the fourth quarter valued at about $1,098,000.
About CoinShares Valkyrie Bitcoin Fund
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The Valkyrie Bitcoin Fund (BRRR) 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 cold storage wallet. BRRR was launched on Jan 10, 2024 and is issued by Valkyrie.
Further Reading
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