Hashdex Bitcoin ETF (NYSEARCA:DEFI) Trading 3.7% Higher – Should You Buy?

Hashdex Bitcoin ETF (NYSEARCA:DEFIGet Free Report)’s share price shot up 3.7% during trading on Friday . The company traded as high as $121.99 and last traded at $118.71. 2,332 shares changed hands during trading, an increase of 7% from the average session volume of 2,185 shares. The stock had previously closed at $114.49.

Hashdex Bitcoin ETF Price Performance

The business has a fifty day simple moving average of $109.84 and a two-hundred day simple moving average of $85.06.

Insider Transactions at Hashdex Bitcoin ETF

In other news, insider Michael Jeremy Venuto sold 498 shares of Hashdex Bitcoin ETF stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $107.08, for a total transaction of $53,325.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

About Hashdex Bitcoin ETF

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The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME).

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