Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) Trading Down 0.1% – Here’s Why

Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITSGet Free Report) was down 0.1% on Wednesday . The stock traded as low as $55.96 and last traded at $56.59. 2,324 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 4,580 shares. The stock had previously closed at $56.67.

Global X Blockchain & Bitcoin Strategy ETF Price Performance

The stock has a market capitalization of $24.01 million, a price-to-earnings ratio of -109.49 and a beta of 2.67. The stock has a 50 day moving average price of $65.23 and a 200-day moving average price of $63.32.

Global X Blockchain & Bitcoin Strategy ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, July 2nd. Shareholders of record on Monday, June 29th were paid a dividend of $0.1851 per share. The ex-dividend date of this dividend was Monday, June 29th. Global X Blockchain & Bitcoin Strategy ETF’s payout ratio is -2,752.94%.

About Global X Blockchain & Bitcoin Strategy ETF

(Get Free Report)

The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.

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