2x Bitcoin Strategy ETF (BATS:BITX – Get Free Report)’s stock price shot up 3.8% on Thursday . The company traded as high as $54.14 and last traded at $53.37. 7,898,284 shares traded hands during mid-day trading, The stock had previously closed at $51.41.
2x Bitcoin Strategy ETF Price Performance
The stock has a 50-day moving average of $58.48 and a two-hundred day moving average of $42.91.
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.
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