2x Bitcoin Strategy ETF (BATS:BITX) Stock Price Down 0.9% – What’s Next?

2x Bitcoin Strategy ETF (BATS:BITXGet Free Report)’s share price fell 0.9% on Friday . The company traded as low as $27.03 and last traded at $27.67. 4,264,589 shares changed hands during trading, The stock had previously closed at $27.93.

2x Bitcoin Strategy ETF Stock Up 0.5%

The company has a 50 day moving average of $36.68 and a 200-day moving average of $50.30.

About 2x Bitcoin Strategy ETF

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The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.

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