2x Bitcoin Strategy ETF (BITX) Stock Sees Strong Trading Volume on Friday

Shares of 2x Bitcoin Strategy ETF (NYSEARCA:BITX – Get Free Report) saw strong trading volume on Friday.

Shares of 2x Bitcoin Strategy ETF (NYSE:BITX) saw brisk trading activity on Friday. A total of 3,847,330 shares were traded during the session, marking an 8% decline from the previous session's volume of 4,178,348 shares. The stock last traded at $27.01, having closed the previous session at $32.02.

2x Bitcoin Strategy ETF stock performance

The stock's 50-day moving average price is $39.80, while its two-hundred day moving average price is $37.31.

2x Bitcoin Strategy ETF announces dividend

The company also recently announced a dividend, which was paid on Friday, May 24. Stockholders of record as of Thursday, May 23, received a dividend of $0.9677 per share. The ex-dividend date of this dividend was Wednesday, May 22.

About 2x Bitcoin Strategy ETF (NYSE:BITX)

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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