Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) Trading Down 0% – Here’s Why

Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITSGet Free Report) shares were down 0% during trading on Tuesday . The stock traded as low as $51.90 and last traded at $53.46. Approximately 2,042 shares were traded during trading, a decline of 65% from the average daily volume of 5,854 shares. The stock had previously closed at $53.47.

Global X Blockchain & Bitcoin Strategy ETF Trading Down 0.0%

The firm has a 50 day simple moving average of $55.92 and a 200 day simple moving average of $76.90. The firm has a market capitalization of $24.59 million, a PE ratio of -104.82 and a beta of 2.69.

About Global X Blockchain & Bitcoin Strategy ETF

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The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.

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