Franklin Bitcoin ETF (NYSEARCA:EZBC – Get Free Report)’s stock price shot up 0.6% during mid-day trading on Thursday . The company traded as high as $36.38 and last traded at $36.26. 87,005 shares were traded during mid-day trading, a decline of 73% from the average session volume of 327,559 shares. The stock had previously closed at $36.06.
Franklin Bitcoin ETF Stock Up 0.6 %
The company’s 50-day moving average price is $38.39.
Hedge Funds Weigh In On Franklin Bitcoin ETF
A number of institutional investors and hedge funds have recently modified their holdings of EZBC. Commonwealth Equity Services LLC acquired a new position in Franklin Bitcoin ETF during the first quarter worth $538,000. Larson Financial Group LLC acquired a new stake in shares of Franklin Bitcoin ETF in the 1st quarter worth about $135,000. Finally, Sierra Capital LLC bought a new position in Franklin Bitcoin ETF in the 1st quarter valued at about $818,000.
About Franklin Bitcoin ETF
The Franklin Bitcoin ETF (EZBC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to replicate the performance of Bitcoin using a Benchmark Rate to determine its value. The fund does not directly invest in Bitcoin EZBC was launched on Jan 11, 2024 and is issued by Franklin Templeton.
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