ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE) Shares Down 1.2% – What’s Next?

ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETEGet Free Report)’s share price were down 1.2% during mid-day trading on Thursday . The stock traded as low as $82.29 and last traded at $82.47. Approximately 719 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 1,992 shares. The stock had previously closed at $83.44.

ProShares Bitcoin & Ether Equal Weight ETF Stock Performance

The stock has a 50-day simple moving average of $83.60 and a 200 day simple moving average of $68.74.

About ProShares Bitcoin & Ether Equal Weight ETF

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The ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether.

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