iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report)’s stock price were down 1.8% during trading on Thursday . The company traded as low as $60.52 and last traded at $60.70. Approximately 36,201,515 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 45,310,805 shares. The stock had previously closed at $61.84.
iShares Bitcoin Trust Price Performance
The stock’s 50-day moving average price is $55.53 and its 200 day moving average price is $54.19.
About iShares Bitcoin Trust
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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