Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Get Free Report) dropped 2.2% during trading on Friday. The company traded as low as $68.64 and last traded at $68.6360. Approximately 965 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 3,614 shares. The stock had previously closed at $70.20.
Global X Blockchain & Bitcoin Strategy ETF Price Performance
The stock’s 50-day moving average price is $61.64 and its 200 day moving average price is $61.31. The firm has a market capitalization of $27.45 million, a PE ratio of -134.58 and a beta of 2.69.
About Global X Blockchain & Bitcoin Strategy ETF
The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.
Featured Stories
- Five stocks we like better than Global X Blockchain & Bitcoin Strategy ETF
- 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
- SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
- These 3 Overlooked Stocks Have Big Money Behind Them
- Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally
Receive News & Ratings for Global X Blockchain & Bitcoin Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Blockchain & Bitcoin Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
