Hashdex Bitcoin ETF (NYSEARCA:DEFI) Shares Down 2.4% – Here’s Why

Hashdex Bitcoin ETF (NYSEARCA:DEFIGet Free Report)’s stock price traded down 2.4% during trading on Friday . The stock traded as low as $85.90 and last traded at $85.90. 68 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 648 shares. The stock had previously closed at $88.01.

Hashdex Bitcoin ETF Trading Down 2.4%

The business’s 50-day moving average price is $84.28 and its 200 day moving average price is $91.84.

About Hashdex Bitcoin ETF

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The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME). DEFI was launched on Sep 15, 2022 and is managed by Teucrium.

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