Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) Trading Up 0.3% – Here’s Why

Fidelity Wise Origin Bitcoin Fund (BATS:FBTCGet Free Report) was up 0.3% during mid-day trading on Monday . The company traded as high as $77.5789 and last traded at $76.28. Approximately 5,827,765 shares changed hands during trading, The stock had previously closed at $76.02.

Fidelity Wise Origin Bitcoin Fund Stock Down 0.5%

The company’s fifty day simple moving average is $83.62 and its two-hundred day simple moving average is $93.63.

Fidelity Wise Origin Bitcoin Fund Company Profile

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The Fidelity Wise Origin Bitcoin Fund (FBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC) using a Bitcoin price feed. An investment in the fund is not a direct investment in bitcoin. FBTC was launched on Jan 10, 2024 and is issued by Fidelity.

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