Shares of iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 11,540,148 shares were traded during trading, a decline of 64% from the previous session’s volume of 31,791,945 shares.The stock last traded at $31.83 and had previously closed at $34.44.
iShares Bitcoin Trust Stock Performance
The business has a 50-day moving average price of $36.99 and a 200-day moving average price of $32.94.
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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