Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) Shares Down 0.2% – Time to Sell?

Shares of Fidelity Wise Origin Bitcoin Fund (BATS:FBTCGet Free Report) were down 0.2% during mid-day trading on Tuesday . The stock traded as low as $79.59 and last traded at $82.32. Approximately 5,507,956 shares were traded during mid-day trading, The stock had previously closed at $82.52.

Fidelity Wise Origin Bitcoin Fund Price Performance

The business’s 50-day simple moving average is $79.05 and its 200 day simple moving average is $62.75.

Fidelity Wise Origin Bitcoin Fund Company Profile

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The Fidelity Wise Origin Bitcoin Fund (FBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC) using a Bitcoin price feed. An investment in the fund is not a direct investment in bitcoin.

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