CoinShares Valkyrie Bitcoin Fund (NASDAQ:BRRR - Get Free Report) shares traded down 0.8% during trading on Thursday . The stock traded as low as $29.33 and last traded at $29.36. 55,115 shares changed hands during trading, a decline of 82% from the average session volume of 312,963 shares. The stock had previously closed at $29.61.
CoinShares Valkyrie Bitcoin Fund Stock Performance
The company has a 50 day simple moving average of $28.35 and a 200 day simple moving average of $27.05.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of BRRR. CoreCap Advisors LLC grew its position in CoinShares Valkyrie Bitcoin Fund by 61.3% in the 4th quarter. CoreCap Advisors LLC now owns 968 shares of the company's stock valued at $26,000 after buying an additional 368 shares during the last quarter. Discipline Wealth Solutions LLC purchased a new position in CoinShares Valkyrie Bitcoin Fund during the 4th quarter worth $235,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of CoinShares Valkyrie Bitcoin Fund in the 1st quarter worth $209,000. OLD Mission Capital LLC purchased a new stake in shares of CoinShares Valkyrie Bitcoin Fund in the first quarter valued at about $221,000. Finally, Farringdon Capital Ltd. purchased a new stake in shares of CoinShares Valkyrie Bitcoin Fund in the fourth quarter valued at about $1,098,000.
About CoinShares Valkyrie Bitcoin Fund
(
Get Free Report)
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.
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