CoinShares Valkyrie Bitcoin Fund (NASDAQ:BRRR - Get Free Report) shares traded up 1.5% during trading on Wednesday . The stock traded as high as $32.72 and last traded at $32.59. 84,479 shares traded hands during trading, a decline of 74% from the average session volume of 321,198 shares. The stock had previously closed at $32.12.
CoinShares Valkyrie Bitcoin Fund Trading Down 0.9%
The company has a fifty day simple moving average of $31.45 and a two-hundred day simple moving average of $28.10.
Institutional Trading of CoinShares Valkyrie Bitcoin Fund
Several hedge funds have recently added to or reduced their stakes in the company. CoreCap Advisors LLC boosted its holdings in CoinShares Valkyrie Bitcoin Fund by 61.3% in the fourth quarter. CoreCap Advisors LLC now owns 968 shares of the company's stock valued at $26,000 after purchasing an additional 368 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of CoinShares Valkyrie Bitcoin Fund in the 1st quarter valued at $209,000. OLD Mission Capital LLC purchased a new position in shares of CoinShares Valkyrie Bitcoin Fund in the 1st quarter valued at $221,000. Discipline Wealth Solutions LLC acquired a new stake in CoinShares Valkyrie Bitcoin Fund during the 4th quarter worth $235,000. Finally, Farringdon Capital Ltd. acquired a new stake in CoinShares Valkyrie Bitcoin Fund during the 4th quarter worth $1,098,000.
CoinShares Valkyrie Bitcoin Fund Company Profile
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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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