iShares Bitcoin Trust (NYSEARCA:IBIT) Shares Up 5.2% – What’s Next?

iShares Bitcoin Trust (NYSEARCA:IBITGet Free Report) shares rose 5.2% during mid-day trading on Monday . The stock traded as high as $50.50 and last traded at $50.18. Approximately 29,494,384 shares were traded during trading, a decline of 36% from the average daily volume of 46,294,602 shares. The stock had previously closed at $47.70.

iShares Bitcoin Trust Trading Down 1.9 %

The firm has a 50-day moving average of $53.18 and a 200 day moving average of $48.56.

iShares Bitcoin Trust Company Profile

(Get Free Report)

The Defiance Daily Short Digitizing the Economy ETF (IBIT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds that provides daily inverse (-1x) exposure to the Amplify Transformational Data Sharing ETF (BLOK). IBIT was launched on Sep 7, 2022 and is managed by Defiance.

See Also

Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.com's FREE daily email newsletter.