Hashdex Bitcoin ETF (NYSEARCA:DEFI) Trading 9.9% Higher – Here’s Why

Shares of Hashdex Bitcoin ETF (NYSEARCA:DEFIGet Free Report) shot up 9.9% during mid-day trading on Wednesday . The company traded as high as $86.95 and last traded at $86.95. 1,545 shares were traded during mid-day trading, a decline of 67% from the average session volume of 4,617 shares. The stock had previously closed at $79.12.

Hashdex Bitcoin ETF Stock Performance

The business’s 50 day simple moving average is $72.47 and its 200-day simple moving average is $72.52.

About Hashdex Bitcoin ETF

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The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME).

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