Hashdex Bitcoin ETF (NYSEARCA:DEFI) Trading 3.7% Higher – Should You Buy?

Hashdex Bitcoin ETF (NYSEARCA:DEFIGet Free Report)’s share price rose 3.7% during mid-day trading on Friday . The company traded as high as $121.99 and last traded at $118.71. Approximately 2,332 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 2,185 shares. The stock had previously closed at $114.49.

Hashdex Bitcoin ETF Stock Performance

The company’s 50-day moving average is $109.84 and its 200 day moving average is $85.06.

Insider Activity

In related news, insider Michael Jeremy Venuto sold 498 shares of Hashdex Bitcoin ETF stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $107.08, for a total value of $53,325.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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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