Invesco Galaxy Bitcoin ETF (BATS:BTCO) Trading Down 0.9% – Here’s Why

Invesco Galaxy Bitcoin ETF (BATS:BTCOGet Free Report)’s share price dropped 0.9% during mid-day trading on Tuesday . The company traded as low as $93.12 and last traded at $93.36. Approximately 83,524 shares were traded during mid-day trading, The stock had previously closed at $94.23.

Invesco Galaxy Bitcoin ETF Price Performance

The business’s 50-day moving average price is $89.67 and its 200 day moving average price is $71.54.

About Invesco Galaxy Bitcoin ETF

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The Invesco Galaxy Bitcoin ETF (BTCO) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. BTCO was launched on Jan 11, 2024 and is issued by Invesco.

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