WisdomTree Bitcoin Fund (NYSEARCA:BTCW) Trading Down 1.4%

WisdomTree Bitcoin Fund (NYSEARCA:BTCWGet Free Report)’s share price was down 1.4% on Wednesday . The company traded as low as $65.69 and last traded at $65.98. Approximately 39,044 shares traded hands during trading, a decline of 89% from the average daily volume of 359,827 shares. The stock had previously closed at $66.92.

WisdomTree Bitcoin Fund Price Performance

The business’s 50-day moving average price is $70.27.

WisdomTree Bitcoin Fund Company Profile

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The WisdomTree Bitcoin Fund (BTCW) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund passively mirrors the performance of Bitcoin, leveraging a Benchmark Rate for valuation. The fund does not engage in direct investment or management of the digital currency BTCW was launched on Jan 11, 2024 and is issued by WisdomTree.

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