WisdomTree Bitcoin Fund (NYSEARCA:BTCW – Get Free Report) shares rose 10.3% on Monday . The stock traded as high as $67.96 and last traded at $67.51. Approximately 119,400 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 266,886 shares. The stock had previously closed at $61.21.
WisdomTree Bitcoin Fund Stock Performance
The business has a 50-day moving average of $68.53.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in WisdomTree Bitcoin Fund stock. Jane Street Group LLC acquired a new position in WisdomTree Bitcoin Fund (NYSEARCA:BTCW – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 160,068 shares of the company’s stock, valued at approximately $12,071,000.
About WisdomTree Bitcoin Fund
The WisdomTree Bitcoin Fund (BTCW) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund passively mirrors the performance of Bitcoin, leveraging a Benchmark Rate for valuation. The fund does not engage in direct investment or management of the digital currency BTCW was launched on Jan 11, 2024 and is issued by WisdomTree.
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