Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) Shares Up 1.6%

Fidelity Wise Origin Bitcoin Fund (BATS:FBTCGet Free Report)’s share price shot up 1.6% on Tuesday . The company traded as high as $56.33 and last traded at $56.26. 2,979,694 shares changed hands during trading, The stock had previously closed at $55.38.

Fidelity Wise Origin Bitcoin Fund Stock Performance

The business has a 50-day moving average price of $53.27 and a two-hundred day moving average price of $55.80.

About Fidelity Wise Origin Bitcoin Fund

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The Fidelity Wise Origin Bitcoin Fund (FBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC) using a Bitcoin price feed. An investment in the fund is not a direct investment in bitcoin.

Further Reading

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