2x Bitcoin Strategy ETF (NYSEARCA:BITX – Get Free Report)’s stock price traded up 4.7% during mid-day trading on Monday . The stock traded as high as $45.09 and last traded at $44.22. 1,751,947 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 3,600,189 shares. The stock had previously closed at $42.22.
2x Bitcoin Strategy ETF Stock Down 0.5 %
The firm has a 50 day moving average of $45.41 and a 200-day moving average of $29.38.
Institutional Trading of 2x Bitcoin Strategy ETF
Several hedge funds and other institutional investors have recently bought and sold shares of BITX. Kingswood Wealth Advisors LLC bought a new stake in 2x Bitcoin Strategy ETF during the 4th quarter valued at $470,000. Graypoint LLC bought a new stake in 2x Bitcoin Strategy ETF during the 4th quarter valued at $572,000. Finally, Selway Asset Management bought a new stake in 2x Bitcoin Strategy ETF during the 1st quarter valued at $399,000.
About 2x Bitcoin Strategy ETF
The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.
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