2x Bitcoin Strategy ETF (NYSEARCA:BITX – Get Free Report)’s share price traded down 5.5% during mid-day trading on Thursday . The company traded as low as $34.12 and last traded at $34.13. 1,099,937 shares were traded during trading, a decline of 75% from the average session volume of 4,484,638 shares. The stock had previously closed at $36.12.
2x Bitcoin Strategy ETF Stock Down 3.5 %
The firm’s 50 day simple moving average is $38.68 and its 200 day simple moving average is $38.16.
2x Bitcoin Strategy ETF Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, May 24th. Shareholders of record on Thursday, May 23rd were given a dividend of $0.9677 per share. The ex-dividend date of this dividend was Wednesday, May 22nd.
Hedge Funds Weigh In On 2x Bitcoin Strategy ETF
2x Bitcoin Strategy ETF Company Profile
The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.
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