Franklin Bitcoin ETF (NYSEARCA:EZBC – Get Free Report) was up 0.6% on Thursday . The company traded as high as $36.38 and last traded at $36.26. Approximately 87,005 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 327,559 shares. The stock had previously closed at $36.06.
Franklin Bitcoin ETF Trading Up 0.6 %
The company’s 50-day moving average price is $38.39.
Institutional Investors Weigh In On Franklin Bitcoin ETF
A number of institutional investors and hedge funds have recently modified their holdings of EZBC. Sierra Capital LLC acquired a new stake in shares of Franklin Bitcoin ETF during the first quarter worth $818,000. Commonwealth Equity Services LLC acquired a new stake in shares of Franklin Bitcoin ETF during the first quarter valued at approximately $538,000. Finally, Larson Financial Group LLC purchased a new stake in shares of Franklin Bitcoin ETF in the 1st quarter valued at approximately $135,000.
About Franklin Bitcoin ETF
The Franklin Bitcoin ETF (EZBC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to replicate the performance of Bitcoin using a Benchmark Rate to determine its value. The fund does not directly invest in Bitcoin EZBC was launched on Jan 11, 2024 and is issued by Franklin Templeton.
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