VanEck Bitcoin ETF (BATS:HODL) Stock Price Up 5.2% – Here’s Why

VanEck Bitcoin ETF (BATS:HODLGet Free Report) was up 5.2% on Friday . The stock traded as high as $19.63 and last traded at $19.44. Approximately 1,713,906 shares changed hands during trading, a decline of 40% from the average daily volume of 2,877,063 shares. The stock had previously closed at $18.48.

VanEck Bitcoin ETF Stock Performance

The stock has a 50 day moving average of $24.38 and a 200-day moving average of $28.60.

About VanEck Bitcoin ETF

(Get Free Report)

The VanEck Bitcoin Trust (HODL) is an exchange-traded fund that is based on the MarketVector Bitcoin Benchmark Rate index. The fund provides passive exposure to the price of Bitcoin through the purchase of shares, allowing investors to track the performance of Bitcoin without directly owning and managing the digital currency. HODL was launched on Jan 4, 2024 and is issued by VanEck.

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