iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as $49.92 and last traded at $49.53, with a volume of 29665358 shares traded. The stock had previously closed at $49.57.
iShares Bitcoin Trust Stock Performance
The stock’s 50 day moving average is $36.87 and its 200-day moving average is $36.32.
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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