iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $51.70, but opened at $53.83. iShares Bitcoin Trust shares last traded at $53.94, with a volume of 6,201,537 shares trading hands.
iShares Bitcoin Trust Trading Up 5.5 %
The business’s 50 day moving average is $40.92 and its two-hundred day moving average is $37.58.
About iShares Bitcoin Trust
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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