iShares Bitcoin Trust (NYSEARCA:IBIT) Stock Price Down 0.6% – Should You Sell?

iShares Bitcoin Trust (NYSEARCA:IBITGet Free Report) shares fell 0.6% on Tuesday . The company traded as low as $66.37 and last traded at $66.71. 38,125,612 shares were traded during trading, a decline of 17% from the average session volume of 45,815,867 shares. The stock had previously closed at $67.10.

iShares Bitcoin Trust Trading Down 0.6%

The stock’s fifty day moving average is $62.52 and its two-hundred day moving average is $56.00.

iShares Bitcoin Trust Company Profile

(Get Free Report)

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

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.