Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX – Get Free Report)’s share price fell 6.2% during trading on Thursday . The company traded as low as $27.50 and last traded at $28.47. 46,563 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 102,770 shares. The stock had previously closed at $30.35.
Valkyrie Bitcoin Futures Leveraged Strategy ETF Stock Down 2.4 %
The stock has a fifty day simple moving average of $31.84.
Valkyrie Bitcoin Futures Leveraged Strategy ETF Company Profile
The Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures index. The fund seeks to achieve 2x daily Bitcoin index returns via Bitcoin futures contracts, mitigating risks through collateral investments and the use of reverse repurchase agreements.
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