VanEck Bitcoin ETF (BATS:HODL) Trading Up 0.6% – Here’s Why

Shares of VanEck Bitcoin ETF (BATS:HODLGet Free Report) shot up 0.6% during trading on Thursday . The stock traded as high as $25.59 and last traded at $25.47. 2,776,888 shares changed hands during mid-day trading, The stock had previously closed at $25.32.

VanEck Bitcoin ETF Stock Performance

The business has a 50-day moving average price of $25.51 and a two-hundred day moving average price of $29.83.

VanEck Bitcoin ETF Company Profile

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The VanEck Bitcoin Trust (HODL) is an exchange-traded fund that is based on the MarketVector Bitcoin Benchmark Rate index. The fund provides passive exposure to the price of Bitcoin through the purchase of shares, allowing investors to track the performance of Bitcoin without directly owning and managing the digital currency. HODL was launched on Jan 4, 2024 and is issued by VanEck.

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