Franklin Bitcoin ETF (BATS:EZBC) Trading Down 3.8% – Here’s Why

Franklin Bitcoin ETF (BATS:EZBCGet Free Report)’s share price dropped 3.8% on Monday . The company traded as low as $48.40 and last traded at $48.55. Approximately 111,664 shares were traded during trading, The stock had previously closed at $50.48.

Franklin Bitcoin ETF Price Performance

The firm has a fifty day simple moving average of $53.42 and a two-hundred day simple moving average of $50.19.

Franklin Bitcoin ETF Company Profile

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The Franklin Bitcoin ETF (EZBC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to replicate the performance of Bitcoin using a Benchmark Rate to determine its value. The fund does not directly invest in Bitcoin EZBC was launched on Jan 11, 2024 and is issued by Franklin Templeton.

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