Shares of iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $34.14, but opened at $35.82. iShares Bitcoin Trust shares last traded at $35.69, with a volume of 2,045,213 shares.
iShares Bitcoin Trust Price Performance
The stock’s 50-day moving average is $37.17 and its 200-day moving average is $32.73.
iShares Bitcoin Trust Company Profile
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.
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