Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSEARCA:BTOP) Trading Up 0% – What’s Next?

Shares of Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSEARCA:BTOP) were up 0% during trading on Thursday . The company traded as high as $27.86 and last traded at $27.86. Approximately 249 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 1,795 shares. The stock had previously closed at $27.85.

Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF Stock Up 0.0%

The stock has a market cap of $4.18 million, a price-to-earnings ratio of -557.20 and a beta of 2.73. The stock’s fifty day moving average is $28.66 and its 200-day moving average is $32.83.

Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 26th were issued a $0.6862 dividend. This represents a dividend yield of 238.0%. The ex-dividend date was Friday, December 26th. Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF’s dividend payout ratio is -41,620.00%.

Institutional Trading of Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF

A hedge fund recently bought a new stake in Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC acquired a new position in shares of Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSEARCA:BTOP) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,293 shares of the company’s stock, valued at approximately $754,000. Jane Street Group LLC owned 23.43% of Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF at the end of the most recent reporting period.

Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF Company Profile

The Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. BTOP was launched on Sep 29, 2023 and is issued by Bitwise.