Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) Trading Up 0.9% – Here’s Why

Fidelity Wise Origin Bitcoin Fund (BATS:FBTCGet Free Report)’s stock price traded up 0.9% during trading on Wednesday . The stock traded as high as $62.16 and last traded at $61.57. 4,707,615 shares were traded during trading, a decline of 32% from the average session volume of 6,937,011 shares. The stock had previously closed at $61.03.

Fidelity Wise Origin Bitcoin Fund Stock Up 0.9%

The firm’s 50-day simple moving average is $68.76 and its 200-day simple moving average is $82.90.

About Fidelity Wise Origin Bitcoin Fund

(Get Free Report)

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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