iShares Bitcoin Trust (NYSEARCA:IBIT) Hits New 52-Week High – Here’s What Happened

iShares Bitcoin Trust (NYSEARCA:IBITGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $59.25 and last traded at $59.25, with a volume of 2549537 shares trading hands. The stock had previously closed at $57.91.

iShares Bitcoin Trust Stock Up 4.0 %

The company’s 50 day moving average price is $46.52 and its two-hundred day moving average price is $39.31.

About iShares Bitcoin Trust

(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.

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