iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report)’s stock price were down 6.6% on Monday . The stock traded as low as $42.98 and last traded at $44.56. Approximately 25,405,357 shares traded hands during trading, a decline of 43% from the average daily volume of 44,312,152 shares. The stock had previously closed at $47.71.
iShares Bitcoin Trust Trading Up 7.4 %
The firm has a fifty day moving average price of $50.11 and a two-hundred day moving average price of $49.52.
About iShares Bitcoin Trust
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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