iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $57.80, but opened at $56.41. iShares Bitcoin Trust shares last traded at $57.12, with a volume of 11,536,559 shares.
iShares Bitcoin Trust Stock Down 3.7 %
The firm’s 50 day simple moving average is $44.39 and its two-hundred day simple moving average is $38.70.
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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