Kingswood Wealth Advisors LLC Takes Position in 2x Bitcoin Strategy ETF (NYSEARCA:BITX)

Kingswood Wealth Advisors LLC purchased a new stake in 2x Bitcoin Strategy ETF (NYSEARCA:BITX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,660 shares of the company’s stock, valued at approximately $470,000. Kingswood Wealth Advisors LLC owned approximately 1.14% of 2x Bitcoin Strategy ETF as of its most recent SEC filing.

2x Bitcoin Strategy ETF Trading Down 2.8 %

2x Bitcoin Strategy ETF stock opened at $50.06 on Thursday. The stock has a 50-day moving average price of $36.28 and a 200 day moving average price of $24.42. 2x Bitcoin Strategy ETF has a 52 week low of $9.18 and a 52 week high of $59.74.

2x Bitcoin Strategy ETF Company Profile

The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.