Shares of Valkyrie Bitcoin Strategy ETF (NYSEARCA:BTF – Get Rating) dropped 3.1% during trading on Wednesday . The stock traded as low as $9.42 and last traded at $9.59. Approximately 789,079 shares were traded during mid-day trading, an increase of 328% from the average daily volume of 184,444 shares. The stock had previously closed at $9.90.
Valkyrie Bitcoin Strategy ETF Price Performance
The firm has a 50-day moving average of $8.73 and a 200 day moving average of $7.71.
About Valkyrie Bitcoin Strategy ETF
The Valkyrie Bitcoin Strategy ETF (BTF) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund portfolio includes CME Bitcoin Futures, treasuries, corporate bonds, and cash, and does not have direct exposure to bitcoin. BTF was launched on Oct 21, 2021 and is managed by Valkyrie.
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