Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) Shares Down 3.7% – Time to Sell?

Fidelity Wise Origin Bitcoin Fund (BATS:FBTCGet Free Report) fell 3.7% during trading on Monday . The stock traded as low as $72.88 and last traded at $73.12. 2,223,710 shares were traded during trading, The stock had previously closed at $75.96.

Fidelity Wise Origin Bitcoin Fund Price Performance

The stock has a 50 day simple moving average of $80.45 and a two-hundred day simple moving average of $75.56.

About Fidelity Wise Origin Bitcoin Fund

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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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