iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report)’s share price traded up 5.2% on Monday . The company traded as high as $50.50 and last traded at $50.18. 29,494,384 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 46,294,602 shares. The stock had previously closed at $47.70.
iShares Bitcoin Trust Price Performance
The stock has a 50 day moving average price of $53.27 and a 200-day moving average price of $48.42.
About iShares Bitcoin Trust
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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