iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) shares fell 3.8% during mid-day trading on Tuesday . The stock traded as low as $35.49 and last traded at $36.70. 68,649,595 shares were traded during mid-day trading, an increase of 94% from the average session volume of 35,424,121 shares. The stock had previously closed at $38.14.
iShares Bitcoin Trust Price Performance
The firm’s fifty day moving average is $30.12 and its 200-day moving average is $24.79.
iShares Bitcoin Trust Company Profile
The Defiance Daily Short Digitizing the Economy ETF (IBIT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds that provides daily inverse (-1x) exposure to the Amplify Transformational Data Sharing ETF (BLOK). IBIT was launched on Sep 7, 2022 and is managed by Defiance.
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