Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) Trading Down 1.6% – Here’s What Happened

Fidelity Wise Origin Bitcoin Fund (BATS:FBTCGet Free Report)’s share price fell 1.6% during mid-day trading on Friday . The company traded as low as $76.59 and last traded at $77.77. 4,245,411 shares were traded during mid-day trading, The stock had previously closed at $79.03.

Fidelity Wise Origin Bitcoin Fund Price Performance

The stock’s 50 day moving average is $84.29 and its 200-day moving average is $72.78.

Fidelity Wise Origin Bitcoin Fund Company Profile

(Get Free Report)

The Fidelity Wise Origin Bitcoin Fund (FBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC) using a Bitcoin price feed. An investment in the fund is not a direct investment in bitcoin.

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