Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Get Free Report) shares fell 2.9% during mid-day trading on Tuesday . The company traded as low as $58.79 and last traded at $60.50. 738 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 4,955 shares. The stock had previously closed at $62.29.
Global X Blockchain & Bitcoin Strategy ETF Trading Up 5.1%
The stock has a market capitalization of $28.49 million, a price-to-earnings ratio of -121.43 and a beta of 2.64. The stock has a 50-day simple moving average of $64.26 and a 200 day simple moving average of $65.74.
Global X Blockchain & Bitcoin Strategy ETF Company Profile
The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.
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