ARK 21Shares Active Bitcoin Ethereum Strategy ETF (BATS:ARKY) Trading 5% Higher – Should You Buy?

ARK 21Shares Active Bitcoin Ethereum Strategy ETF (BATS:ARKYGet Free Report)’s share price shot up 5% during mid-day trading on Thursday . The company traded as high as $40.31 and last traded at $39.78. 7,774 shares were traded during trading, The stock had previously closed at $37.89.

ARK 21Shares Active Bitcoin Ethereum Strategy ETF Price Performance

The company’s fifty day simple moving average is $30.38 and its 200 day simple moving average is $34.87.

ARK 21Shares Active Bitcoin Ethereum Strategy ETF Company Profile

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The ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund is actively managed, seeking capital appreciation through a dynamic portfolio comprised of USD-settled Bitcoin (BTC) and Ether (ETH) futures contracts.

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