Shares of 2x Bitcoin Strategy ETF (NYSEARCA:BITX – Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $41.31, but opened at $42.74. 2x Bitcoin Strategy ETF shares last traded at $43.04, with a volume of 1,290,809 shares changing hands.
2x Bitcoin Strategy ETF Stock Performance
The company has a 50-day moving average of $44.19 and a 200-day moving average of $28.35.
Institutional Investors Weigh In On 2x Bitcoin Strategy ETF
Several large investors have recently added to or reduced their stakes in BITX. Selway Asset Management purchased a new stake in shares of 2x Bitcoin Strategy ETF during the 1st quarter worth about $399,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of 2x Bitcoin Strategy ETF during the 4th quarter worth about $470,000. Finally, Graypoint LLC purchased a new stake in shares of 2x Bitcoin Strategy ETF during the 4th quarter worth about $572,000.
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.
See Also
- Five stocks we like better than 2x Bitcoin Strategy ETF
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
- How to Effectively Use the MarketBeat Ratings Screener
- Salesforce Stock Analysis: Deep Dive into CRM Market Performance
- What Are Dividend Champions? How to Invest in the Champions
- Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Receive News & Ratings for 2x Bitcoin Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 2x Bitcoin Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
