Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (NYSEARCA:BITC – Get Free Report) was down 0.2% during mid-day trading on Tuesday. The stock traded as low as $39.28 and last traded at $39.35. Approximately 4,469 shares traded hands during trading, a decline of 3% from the average session volume of 4,585 shares. The stock had previously closed at $39.42.
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF Stock Down 1.9%
The business has a 50 day moving average price of $38.58 and a 200-day moving average price of $38.23.
About Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF
The Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund actively manages a portfolio of bitcoin futures contracts that exhibit the highest implied roll yield, collateralized by short-term debt securities. The fund seeks to provide capital appreciation with low correlation to traditional asset classes. BITC was launched on Mar 20, 2023 and is managed by Bitwise.
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