Shares of Fidelity Wise Origin Bitcoin Fund (BATS:FBTC – Get Free Report) dropped 0.9% on Wednesday . The company traded as low as $55.85 and last traded at $56.54. Approximately 4,123,026 shares traded hands during trading, The stock had previously closed at $57.07.
Fidelity Wise Origin Bitcoin Fund Price Performance
The company has a 50-day simple moving average of $56.65.
About Fidelity Wise Origin Bitcoin Fund
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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