Bitwise Bitcoin and Ether Equal Weight Strategy ETF (NYSEARCA:BTOP) Stock Price Up 0% – What’s Next?

Bitwise Bitcoin and Ether Equal Weight Strategy ETF (NYSEARCA:BTOP) rose 0% on Tuesday . The stock traded as high as $28.41 and last traded at $28.39. Approximately 3,464 shares traded hands during trading, a decline of 6% from the average daily volume of 3,670 shares. The stock had previously closed at $28.38.

Bitwise Bitcoin and Ether Equal Weight Strategy ETF Trading Up 0.0 %

The company has a fifty day simple moving average of $38.43 and a two-hundred day simple moving average of $42.69.

Institutional Investors Weigh In On Bitwise Bitcoin and Ether Equal Weight Strategy ETF

A hedge fund recently raised its stake in Bitwise Bitcoin and Ether Equal Weight Strategy ETF stock. Jane Street Group LLC raised its holdings in shares of Bitwise Bitcoin and Ether Equal Weight Strategy ETF (NYSEARCA:BTOP) by 18.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,755 shares of the company’s stock after acquiring an additional 3,264 shares during the quarter. Jane Street Group LLC owned approximately 10.38% of Bitwise Bitcoin and Ether Equal Weight Strategy ETF worth $864,000 as of its most recent filing with the SEC.

About Bitwise Bitcoin and Ether Equal Weight Strategy ETF

The Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. BTOP was launched on Sep 29, 2023 and is issued by Bitwise.