2x Bitcoin Strategy ETF (NYSEARCA:BITX) Stock Up 9.8%

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.

2x Bitcoin Strategy ETF (NYSE:BITX) stock price gapped up prior to trading on Friday. The stock had previously closed at $25.42, but opened at $26.85. 2x Bitcoin Strategy ETF shares last traded at $26.27, with a volume of 1,514,839 shares changing hands.

2x Bitcoin Strategy ETF Stock Up 9.8%

The stock has a 50 day moving average price of $33.59 and a two-hundred day moving average price of $39.04.

2x Bitcoin Strategy ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, May 24th. Shareholders of record on Thursday, May 23rd were given a $0.9677 dividend. The ex-dividend date was Wednesday, May 22nd.

Institutional Trading of 2x Bitcoin Strategy ETF

Accountholders at Morgan Stanley (NYSE:MS) own 0.02% of 2x Bitcoin Strategy ETF stock. A total of 2,696 shares were acquired by hedge funds during the fourth quarter.

2x Bitcoin Strategy ETF Company Profile

(NYSE:BITX) The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that tracks the S&P CME Bitcoin Futures Daily Roll index. The fund aims to achieve 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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