iShares Bitcoin Trust (NYSEARCA:IBIT) Trading Down 2.5%

iShares Bitcoin Trust (NYSEARCA:IBITGet Free Report) fell 2.5% during trading on Wednesday . The stock traded as low as $34.13 and last traded at $34.24. 29,249,006 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 30,406,842 shares. The stock had previously closed at $35.13.

iShares Bitcoin Trust Trading Down 2.5 %

The business has a fifty day moving average price of $34.50 and a 200 day moving average price of $36.19.

About iShares Bitcoin Trust

(Get Free Report)

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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