Shares of iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $54.02, but opened at $52.35. iShares Bitcoin Trust shares last traded at $52.35, with a volume of 3,202,740 shares trading hands.
iShares Bitcoin Trust Stock Performance
The firm has a 50 day moving average of $40.92 and a 200 day moving average of $37.58.
About iShares Bitcoin Trust
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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