ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH – Get Free Report) dropped 4.9% during mid-day trading on Friday. The stock traded as low as $41.76 and last traded at $41.76. 253 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 2,842 shares. The stock had previously closed at $43.93.
ProShares Bitcoin & Ether Market Cap Weight ETF Stock Performance
The business’s 50 day moving average price is $44.77 and its 200 day moving average price is $41.03.
ProShares Bitcoin & Ether Market Cap Weight ETF Company Profile
The ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages a market cap-weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether. BETH was launched on Oct 2, 2023 and is issued by ProShares.
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