Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Get Free Report)’s share price fell 3.3% on Friday . The company traded as low as $66.50 and last traded at $67.04. 3,753 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 5,806 shares. The stock had previously closed at $69.33.
Global X Blockchain & Bitcoin Strategy ETF Trading Down 3.3%
The business’s fifty day moving average price is $61.03 and its 200 day moving average price is $68.05. The company has a market capitalization of $32.18 million, a P/E ratio of -131.44 and a beta of 2.23.
Global X Blockchain & Bitcoin Strategy ETF Company Profile
The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.
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