2x Bitcoin Strategy ETF (BATS:BITX) Trading Down 3.4% – What’s Next?

2x Bitcoin Strategy ETF (BATS:BITXGet Free Report)’s stock price fell 3.4% on Friday . The company traded as low as $42.37 and last traded at $43.64. 7,270,625 shares were traded during mid-day trading, The stock had previously closed at $45.17.

2x Bitcoin Strategy ETF Stock Down 4.8 %

The stock’s fifty day moving average is $53.67 and its two-hundred day moving average is $45.06.

2x Bitcoin Strategy ETF Company Profile

(Get Free Report)

The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.

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