iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $53.41, but opened at $50.66. iShares Bitcoin Trust shares last traded at $49.67, with a volume of 22,637,848 shares changing hands.
iShares Bitcoin Trust Stock Down 7.9 %
The firm’s 50 day moving average price is $55.94 and its two-hundred day moving average price is $46.41.
iShares Bitcoin Trust Company Profile
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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