Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

by · The Markets Daily

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTFGet Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $17.23 and traded as high as $23.18. Valkyrie Bitcoin Strategy ETF shares last traded at $22.98, with a volume of 69,665 shares changing hands.

Valkyrie Bitcoin Strategy ETF Stock Performance

The business’s 50-day moving average price is $17.53 and its two-hundred day moving average price is $17.96.

Valkyrie Bitcoin Strategy ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 19th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.10%. The ex-dividend date was Thursday, September 19th.

Valkyrie Bitcoin Strategy ETF Company Profile

(Get Free Report)

The Valkyrie Bitcoin Strategy ETF (BTF) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund portfolio includes CME Bitcoin Futures, treasuries, corporate bonds, and cash, and does not have direct exposure to bitcoin. BTF was launched on Oct 21, 2021 and is managed by Valkyrie.

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