iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report)’s stock price were down 0.4% during trading on Friday . The stock traded as low as $62.02 and last traded at $62.19. Approximately 32,662,368 shares changed hands during trading, a decline of 27% from the average daily volume of 44,978,164 shares. The stock had previously closed at $62.42.
iShares Bitcoin Trust Stock Performance
The company’s 50 day moving average is $59.34 and its 200 day moving average is $54.65.
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.
Further Reading
- Five stocks we like better than iShares Bitcoin Trust
- How is Compound Interest Calculated?
- The Apple Comeback Will Be Better Than the Setback
- Consumer Staples Stocks, Explained
- How a Government Loan Changes the Game for Plug Power
- Asset Allocation Strategies in Volatile Markets
- Qualcomm’s Hold Rating Misses Strong Growth Story
Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.com's FREE daily email newsletter.
