iShares Bitcoin Trust (NYSEARCA:IBIT) Shares Gap Up to $30.41

iShares Bitcoin Trust (NYSEARCA:IBITGet Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $30.41, but opened at $31.52. iShares Bitcoin Trust shares last traded at $31.59, with a volume of 1,797,124 shares changing hands.

iShares Bitcoin Trust Stock Up 3.9 %

The business’s fifty day moving average is $34.65 and its 200-day moving average is $36.40.

iShares Bitcoin Trust Company Profile

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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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