WisdomTree Bitcoin Fund (NYSEARCA:BTCW) Shares Down 1.3%

WisdomTree Bitcoin Fund (NYSEARCA:BTCWGet Free Report) traded down 1.3% on Friday . The stock traded as low as $67.20 and last traded at $68.18. 120,234 shares traded hands during trading, a decline of 58% from the average session volume of 283,046 shares. The stock had previously closed at $69.10.

WisdomTree Bitcoin Fund Price Performance

The stock has a 50-day simple moving average of $69.55.

Institutional Trading of WisdomTree Bitcoin Fund

A hedge fund recently bought a new stake in WisdomTree Bitcoin Fund stock. Jane Street Group LLC purchased a new stake in WisdomTree Bitcoin Fund (NYSEARCA:BTCWFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 160,068 shares of the company’s stock, valued at approximately $12,071,000.

WisdomTree Bitcoin Fund Company Profile

(Get Free Report)

The WisdomTree Bitcoin Fund (BTCW) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund passively mirrors the performance of Bitcoin, leveraging a Benchmark Rate for valuation. The fund does not engage in direct investment or management of the digital currency BTCW was launched on Jan 11, 2024 and is issued by WisdomTree.

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