iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) shares were up 1.4% during mid-day trading on Wednesday . The stock traded as high as $62.53 and last traded at $61.79. Approximately 97,524,902 shares traded hands during trading, an increase of 115% from the average daily volume of 45,343,801 shares. The stock had previously closed at $60.91.
iShares Bitcoin Trust Trading Up 1.4%
The firm has a fifty day moving average price of $51.45 and a 200-day moving average price of $52.90.
iShares Bitcoin Trust Company Profile
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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