2x Bitcoin Strategy ETF (BATS:BITX – Get Free Report) dropped 2.7% during trading on Friday . The company traded as low as $36.88 and last traded at $37.87. Approximately 4,867,657 shares changed hands during trading, The stock had previously closed at $38.93.
2x Bitcoin Strategy ETF Trading Down 2.7 %
The business’s 50 day moving average is $41.67 and its 200 day moving average is $36.70.
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.
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