Bitwise Bitcoin Strategy Optimum Roll ETF (NYSEARCA:BITC) Stock Price Up 0% – Should You Buy?

Bitwise Bitcoin Strategy Optimum Roll ETF (NYSEARCA:BITCGet Free Report)’s stock price was up 0% during mid-day trading on Wednesday . The stock traded as high as $44.50 and last traded at $44.48. Approximately 4,666 shares changed hands during trading, a decline of 51% from the average daily volume of 9,603 shares. The stock had previously closed at $44.47.

Bitwise Bitcoin Strategy Optimum Roll ETF Trading Up 0.0 %

The company has a fifty day simple moving average of $45.53 and a 200 day simple moving average of $51.50.

About Bitwise Bitcoin Strategy Optimum Roll ETF

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The Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund actively manages a portfolio of bitcoin futures contracts that exhibit the highest implied roll yield, collateralized by short-term debt securities. The fund seeks to provide capital appreciation with low correlation to traditional asset classes.

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