2x Bitcoin Strategy ETF (BATS:BITX) Shares Up 10.1% – Time to Buy?

2x Bitcoin Strategy ETF (BATS:BITXGet Free Report)’s share price rose 10.1% during mid-day trading on Friday . The stock traded as high as $16.18 and last traded at $15.84. Approximately 12,124,398 shares were traded during trading, a decline of 7% from the average daily volume of 13,029,224 shares. The stock had previously closed at $14.39.

2x Bitcoin Strategy ETF Price Performance

The business’s 50-day moving average price is $27.03 and its two-hundred day moving average price is $42.68.

2x Bitcoin Strategy ETF Company Profile

(Get Free Report)

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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