Closing Bell: Betapro Inverse Bitcoin ETF USD up on Thursday (BITI-U)

Betapro Inverse Bitcoin ETF USD opened trading today at $3.54 and closed at $3.60. Intraday prices ranged from $3.54 to $3.62.

Share prices boosted 4.65 percent from the previous day's close of $3.44.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Betapro Inverse Bitcoin ETF USD has listed on the Toronto Stock Exchange (TSX) under the ticker BITI-U.

Trading volume was 3,000 on 4 total trades. On average, Betapro Inverse Bitcoin ETF USD has traded 2,620 shares in the last five days and 4,643 year-to-date.

The TSX overall saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, BITI-U.TO has traded as high as $10.40 (September 11,2023) and low as $3.27 (June 07,2024). Moreover, the shares have shrunken -59.91% in the last 12 months, while they have shrunken -40.40% since the start of 2024.

Following today's trading, Betapro Inverse Bitcoin ETF USD has a market capitalization of $0.00 on a float of 0 shares outstanding. Its annual EPS is $None.

Betapro Inverse Bitcoin ETF USD is a None company headquartered in, None.

The BetaPro Inverse Bitcoin ETF is designed to provide daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs that endeavour to correspond to up to one-times (100%) the inverse (opposite) of the daily performance of an index that replicates the returns generated over time through long notional investments in Bitcoin Futures. The current Underlying Index of BITI is the Horizons Bitcoin Front Month Rolling Futures Index (Excess Return). BITI does not seek to achieve its stated investment objective over a period of time greater than one day..

Based on 0.00 analysts, Betapro Inverse Bitcoin ETF USD gets an average recommendation of "Strong Sell" according to Zacks. From those 0 analysts,.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..