Hashdex Bitcoin ETF (NYSEARCA:DEFI) Shares Down 1.8% – Here’s What Happened

Hashdex Bitcoin ETF (NYSEARCA:DEFIGet Free Report)’s share price traded down 1.8% on Tuesday . The stock traded as low as $98.23 and last traded at $99.07. 1,058 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 1,050 shares. The stock had previously closed at $100.84.

Hashdex Bitcoin ETF Stock Down 1.8%

The company’s fifty day moving average price is $122.30 and its two-hundred day moving average price is $124.67.

Hedge Funds Weigh In On Hashdex Bitcoin ETF

An institutional investor recently bought a new position in Hashdex Bitcoin ETF stock. Flow Traders U.S. LLC purchased a new stake in Hashdex Bitcoin ETF (NYSEARCA:DEFIFree Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,025 shares of the company’s stock, valued at approximately $733,000. Flow Traders U.S. LLC owned approximately 5.02% of Hashdex Bitcoin ETF at the end of the most recent reporting period.

Hashdex Bitcoin ETF Company Profile

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The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME).

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