2x Bitcoin Strategy ETF (NYSEARCA:BITX – Get Free Report)’s share price shot up 9% on Thursday . The company traded as high as $56.58 and last traded at $56.41. 2,880,060 shares were traded during trading, a decline of 57% from the average session volume of 6,713,087 shares. The stock had previously closed at $51.75.
2x Bitcoin Strategy ETF Price Performance
The business has a 50 day moving average price of $52.47 and a 200 day moving average price of $37.93.
2x Bitcoin Strategy ETF Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 16th were given a $0.5768 dividend. The ex-dividend date of this dividend was Monday, December 16th.
Hedge Funds Weigh In On 2x Bitcoin Strategy ETF
About 2x Bitcoin Strategy ETF
The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.
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