Hashdex Bitcoin ETF (NYSEARCA:DEFI) Stock Price Up 5.6% – Still a Buy?

Hashdex Bitcoin ETF (NYSEARCA:DEFIGet Free Report) shares shot up 5.6% on Friday . The company traded as high as $71.84 and last traded at $71.84. 242 shares were traded during trading, a decline of 95% from the average session volume of 4,968 shares. The stock had previously closed at $68.01.

Hashdex Bitcoin ETF Price Performance

The company’s 50-day simple moving average is $68.64 and its 200-day simple moving average is $72.35.

About Hashdex Bitcoin ETF

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The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME).

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