Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) Trading 1.9% Higher – What’s Next?

Fidelity Wise Origin Bitcoin Fund (BATS:FBTCGet Free Report) rose 1.9% during trading on Thursday . The company traded as high as $85.33 and last traded at $84.72. Approximately 2,682,892 shares traded hands during trading, The stock had previously closed at $83.15.

Fidelity Wise Origin Bitcoin Fund Stock Performance

The business’s 50-day moving average price is $86.67 and its 200 day moving average price is $69.63.

About Fidelity Wise Origin Bitcoin Fund

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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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