Valkyrie Bitcoin Fund (NASDAQ:BRRR – Get Free Report)’s stock price shot up 0.5% on Thursday . The stock traded as high as $17.78 and last traded at $17.71. 473,722 shares traded hands during trading, a decline of 14% from the average session volume of 552,725 shares. The stock had previously closed at $17.62.
Valkyrie Bitcoin Fund Trading Up 0.5 %
The firm’s fifty day simple moving average is $18.76.
Hedge Funds Weigh In On Valkyrie Bitcoin Fund
A hedge fund recently bought a new stake in Valkyrie Bitcoin Fund stock. IMC Chicago LLC bought a new stake in Valkyrie Bitcoin Fund (NASDAQ:BRRR – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 132,417 shares of the company’s stock, valued at approximately $2,666,000. IMC Chicago LLC owned about 5.89% of Valkyrie Bitcoin Fund as of its most recent filing with the Securities and Exchange Commission.
About Valkyrie Bitcoin Fund
The Valkyrie Bitcoin Fund (BRRR) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a cold storage wallet. BRRR was launched on Jan 10, 2024 and is issued by Valkyrie.
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