Hashdex Bitcoin ETF (NYSEARCA:DEFI) Stock Price Up 2.5% – Should You Buy?

Hashdex Bitcoin ETF (NYSEARCA:DEFIGet Free Report) shot up 2.5% on Monday . The stock traded as high as $72.98 and last traded at $72.98. Approximately 105 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 1,461 shares. The stock had previously closed at $71.20.

Hashdex Bitcoin ETF Stock Performance

The business has a 50 day moving average of $82.79 and a 200-day moving average of $87.06.

Hashdex Bitcoin ETF Company Profile

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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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