iShares Bitcoin Trust (NYSEARCA:IBIT) Shares Gap Down to $32.98

iShares Bitcoin Trust (NYSEARCA:IBITGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $32.98, but opened at $32.10. iShares Bitcoin Trust shares last traded at $32.04, with a volume of 2,870,353 shares trading hands.

iShares Bitcoin Trust Stock Down 3.6 %

The stock has a fifty day moving average of $34.72 and a 200-day moving average of $36.30.

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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