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Four American asset-management firms purchased shares of the Grayscale Bitcoin Investment Trust (GBTC), according to data from MacroScope’s Twitter channel.
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The firms reported the purchases in filings for the period ended June 30, 2021. Clear Perspective Advisors of Illinois disclosed direct ownership of 7,790 GBTC shares.
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In an SEC filing today, Clear Perspective Advisors, a wealth management firm in Aurora, Illinois, reported owning 7,790 shares of Grayscale Bitcoin as of June 30.
Filing:https://t.co/PT21czzjvO pic.twitter.com/WZ7RYk1RBp
— MacroScope (@MacroScope17) August 13, 2021
Based in Ohio, Ancora Advisors, with assets under management of $9.4 billion, disclosed the purchase of 13,945 shares of the Grayscale Invesments Bitcoin Fund.
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BTC institutional watch:
In a filing today, Ancora Advisors, based in Cleveland, reported 13,945 shares of Grayscale BTC as of June 30.
Tiny position for a big firm, but Ancora is a smart long-term shop. Worth watching in coming quarters.
Filing:https://t.co/QLtEbMq3Gd
— MacroScope (@MacroScope17) August 13, 2021
“A tiny position for a big firm, but Ancora is a sensible long-term investment. Worth watching in the coming quarters,” MacroScope commented on the holdings.
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Boston Private Wealth, a unit of SVB’s private bank (market cap $33 billion), as of March 31 owned 88,189 shares of the fund. In the latest filing, the firm said it owned 103,469 GBTC shares.
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BTC institutional watch:
In an SEC filing today, Boston Private Wealth reported owning 103,469 shares of Grayscale Bitcoin as of June 30.
Previously, it reported 88,189 shares as of end-March.
Boston Private is part of SVB Financial Group (Nasdaq: SIVB), parent of Silicon….
— MacroScope (@MacroScope17) August 13, 2021
Parkwood, a Cleveland-based private investment firm, during this period increased its stake in the Grayscale Bitcoin Fund from 93,000 to 125,000 shares.
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BTC institutional watch:
In a SEC filing today, Parkwood, a Cleveland-based private investment firm, reported owning 125,000 shares of Grayscale Bitcoin as of June 30.
Previously, it reported 93,000 shares as of end-March.
Filing:https://t.co/1otANtMCnJ
— MacroScope (@MacroScope17) August 13, 2021
Wealthfront, with $25 billion in assets, opened access for clients to Grayscale’s crypto funds.