ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE – Get Free Report)’s share price traded down 4.4% during mid-day trading on Tuesday . The company traded as low as $37.14 and last traded at $37.35. Approximately 1,995 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 4,189 shares. The stock had previously closed at $39.08.
ProShares Bitcoin & Ether Equal Weight ETF Stock Performance
The stock’s 50 day simple moving average is $33.65 and its two-hundred day simple moving average is $33.54.
About ProShares Bitcoin & Ether Equal Weight ETF
The ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether. BETE was launched on Oct 2, 2023 and is issued by ProShares.
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