2x Bitcoin Strategy ETF (BATS:BITX) Trading Up 10.9%

2x Bitcoin Strategy ETF (BATS:BITXGet Free Report) shares rose 10.9% during mid-day trading on Thursday . The stock traded as high as $29.80 and last traded at $29.20. Approximately 6,631,351 shares were traded during mid-day trading, The stock had previously closed at $26.34.

2x Bitcoin Strategy ETF Price Performance

The business has a 50 day simple moving average of $29.37 and a 200 day simple moving average of $38.21.

2x Bitcoin Strategy ETF Company Profile

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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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