iShares Bitcoin Trust (NYSEARCA:IBIT) Sees Large Volume Increase

Shares of iShares Bitcoin Trust (NYSEARCA:IBITGet Free Report) saw unusually-high trading volume on Monday . Approximately 9,704,636 shares changed hands during mid-day trading, a decline of 69% from the previous session’s volume of 31,296,223 shares.The stock last traded at $39.38 and had previously closed at $38.79.

iShares Bitcoin Trust Trading Down 0.3 %

The business’s 50 day moving average is $37.01 and its 200 day moving average is $34.64.

iShares Bitcoin Trust Company Profile

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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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