Fidelity Wise Origin Bitcoin Fund (BATS:FBTC – Get Free Report) was up 5.2% during mid-day trading on Friday . The company traded as high as $60.51 and last traded at $59.89. Approximately 6,019,119 shares were traded during trading, a decline of 21% from the average daily volume of 7,600,573 shares. The stock had previously closed at $56.91.
Fidelity Wise Origin Bitcoin Fund Stock Up 5.2%
The business’s 50 day moving average is $75.11 and its 200 day moving average is $88.20.
About Fidelity Wise Origin Bitcoin Fund
The Fidelity Wise Origin Bitcoin Fund (FBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC) using a Bitcoin price feed. An investment in the fund is not a direct investment in bitcoin. FBTC was launched on Jan 10, 2024 and is issued by Fidelity.
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