On Wednesday, shares of the ProShares Bitcoin Strategy ETF (Symbol: BITO) fell below their 200-day moving average of $22.67. They traded as low as $22.45 per share, marking a decline of approximately 1.2% for the day. The chart below illustrates BITO’s performance over the past year compared to its 200-day moving average:
BITO has seen notable fluctuations over the past year. Its lowest price during this time was $16.11, while it reached a high of $33.79. The last trade for BITO was recorded at $22.70.
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