CoinShares Valkyrie Bitcoin Fund (NASDAQ:BRRR - Get Free Report) fell 0.8% during mid-day trading on Thursday . The stock traded as low as $29.33 and last traded at $29.36. 55,115 shares traded hands during mid-day 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 Price Performance
The firm's 50 day moving average price is $28.46 and its 200-day moving average price is $27.05.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. CoreCap Advisors LLC raised its position in shares of 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 acquiring an additional 368 shares during the period. Discipline Wealth Solutions LLC acquired a new stake in shares of CoinShares Valkyrie Bitcoin Fund in the 4th quarter valued at approximately $235,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of CoinShares Valkyrie Bitcoin Fund in the 1st quarter valued at approximately $209,000. OLD Mission Capital LLC acquired a new stake in shares of CoinShares Valkyrie Bitcoin Fund in the 1st quarter valued at approximately $221,000. Finally, Farringdon Capital Ltd. acquired a new stake in shares of CoinShares Valkyrie Bitcoin Fund in the 4th quarter valued at approximately $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.
Recommended Stories
Before you consider CoinShares Valkyrie Bitcoin Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CoinShares Valkyrie Bitcoin Fund wasn't on the list.
While CoinShares Valkyrie Bitcoin Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
