2x Bitcoin Strategy ETF (BATS:BITX) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

2x Bitcoin Strategy ETF (BATS:BITXGet Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $34.51 and traded as high as $64.16. 2x Bitcoin Strategy ETF shares last traded at $62.87, with a volume of 16,793,245 shares changing hands.

2x Bitcoin Strategy ETF Stock Up 2.1 %

The company’s fifty day moving average price is $35.53 and its two-hundred day moving average price is $34.88.

About 2x Bitcoin Strategy ETF

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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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