iShares Bitcoin Trust (NYSEARCA:IBIT) Reaches New 52-Week High – Should You Buy?

iShares Bitcoin Trust (NYSEARCA:IBITGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $49.92 and last traded at $49.53, with a volume of 29665358 shares traded. The stock had previously closed at $49.57.

iShares Bitcoin Trust Price Performance

The company has a 50 day moving average price of $36.87 and a 200 day moving average price of $36.32.

About iShares Bitcoin Trust

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.com's FREE daily email newsletter.