On a Wednesday, when the world was still half-asleep, Vigilare Wealth Management, that sly fox in the financial forest, added 41,625 shares of the iShares Bitcoin Trust ETF (IBIT) to its hoard, according to a secret scroll filed with the SEC.
What happened
The scroll revealed that Arizona’s Vigilare, a creature of peculiar habits, boosted its stake in IBIT by 41,625 shares during the third quarter. The transaction, worth roughly $2.7 million, was calculated using the average closing price-a number as slippery as a greased pig. By Tuesday, the position had swelled to over $8.9 million, with 137,311 shares now clutched in its paws.
What else to know
The fund now holds 3.1% of its treasure trove in IBIT, a chunk as significant as a dragon’s hoard.
The top treasures after the scroll:
- PYLD: $36,308,000 (12.6% of the trove)
- UNK:GLD: $28,290,000 (9.8% of the trove)
- VB: $14,617,685 (5.1% of the trove)
- SPMO: $14,511,549 (5.0% of the trove)
- SGOV: $14,185,918 (4.9% of the trove)
By market close on Tuesday, IBIT shares danced at $65.00, having leapt 80% this year-a feat that outpaces the S&P 500 by 57 percentage points, like a hare outrunning a tortoise.
Company overview
| Metric | Value |
|---|---|
| Assets under management (AUM) | $288.63 million |
| Price (as of September 30, 2025) | $65.00 |
| One-year total return | 79.9% |
| Percentage off 52-week high | 4.8% |
Company snapshot
The iShares Bitcoin Trust ETF is a curious contraption, a regulated chest that allows investors to nibble on the tail of bitcoin without wrestling the beast itself. Listed on the Nasdaq, it is a playground for both giants and children of finance, offering a path to bitcoin’s riches through a maze of rules and red tape.
Foolish take
Vigilare’s latest move-adding over 41,000 shares of IBIT-hints at a growing appetite among the titans of finance. Once, bitcoin was a shadow in the corner, but now it’s a glittering gem in their eyes. Since its birth in 2009, bitcoin’s market cap has ballooned to nearly $2.4 trillion, and it once touched a peak of almost $125,000 in mid-August. Against this backdrop, IBIT, launched in January 2024, has surged 21% this year, leaving the S&P 500 gasping in its wake. Vigilare first glimpsed IBIT at the end of June, and now it’s a third of their trove.
For the long-term dreamers, the tale is not about the daily dances of the price, but about bitcoin’s place in the grand tapestry of portfolios. The ETF format is a clever trick, allowing access without the burden of custody or the chaos of crypto exchanges. Yet, owning IBIT is like holding a key to a vault-no actual coins, just a promise.
The moral? Bitcoin’s allure has spread beyond the whims of retail dreamers. With titans like Vigilare now partaking, the case for bitcoin as a legitimate, long-term treasure grows stronger. But beware-the path is paved with thorns, and the ride is as wild as a tornado in a teacup.
Glossary
ETF (Exchange-Traded Fund): A magical chest that holds treasures like stocks, bonds, or commodities, traded on a bustling market.
Assets under management (AUM): The mountain of gold a fund or firm manages for its clients.
Expense ratio: The fee, a percentage of the treasure, that funds charge for their services.
13F reportable assets: Securities that giants must disclose quarterly to the SEC, like a confession to a priest.
Physical bitcoin: Actual coins, not pretend ones, held by a fund to back investor shares.
One-year total return: The gain or loss of an investment over a year, like a yearly waltz of wealth.
Outperforming: Surpassing a benchmark, like a cheetah outrunning a snail.
Regulated exchange-traded product: A financial toy traded on an exchange, watched over by stern overseers.
Custody: The safekeeping of treasures by a third party, like a guardian of a dragon’s hoard.
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2025-10-02 15:37