Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Stock Price Down 0.1% – What’s Next?

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) shares traded down 0.1% on Thursday . The stock traded as low as $47.74 and last traded at $47.88. 1,749 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 2,989 shares. The stock had previously closed at $47.91.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Stock Down 0.1%

The company’s fifty day simple moving average is $51.93 and its two-hundred day simple moving average is $39.95.

Institutional Investors Weigh In On Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

An institutional investor recently raised its position in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC grew its position in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) by 30.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,481 shares of the company’s stock after purchasing an additional 4,106 shares during the period. Jane Street Group LLC owned about 8.74% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF worth $479,000 at the end of the most recent reporting period.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Company Profile

The Bitwise Ethereum Strategy ETF (AETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is an actively managed fund that that seeks capital appreciation by providing Ethereum-linked exposure. The fund exclusively invests in ether futures contracts AETH was launched on Sep 29, 2023 and is issued by Bitwise.