Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF – Get Free Report)’s share price dropped 3.2% on Friday . The company traded as low as $17.01 and last traded at $17.13. Approximately 3,255 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 11,043 shares. The stock had previously closed at $17.69.
Valkyrie Bitcoin Strategy ETF Stock Down 3.2%
The business’s 50 day moving average is $17.14 and its 200-day moving average is $19.76.
Valkyrie Bitcoin Strategy ETF Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Wednesday, June 17th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Wednesday, June 17th. This represents a $0.24 dividend on an annualized basis and a yield of 1.4%.
Institutional Investors Weigh In On Valkyrie Bitcoin Strategy ETF
Valkyrie Bitcoin Strategy ETF Company Profile
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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