Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) Announces Dividend of $14.04

Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) declared a dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 14.0406 per share on Wednesday, January 7th. This represents a dividend yield of 4,432.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

Global X Blockchain & Bitcoin Strategy ETF Trading Down 18.5%

Shares of Global X Blockchain & Bitcoin Strategy ETF stock traded down $14.41 on Tuesday, hitting $63.29. 40,695 shares of the company traded hands, compared to its average volume of 5,017. The firm’s 50-day simple moving average is $89.32 and its 200 day simple moving average is $86.33. Global X Blockchain & Bitcoin Strategy ETF has a 12-month low of $45.63 and a 12-month high of $118.78. The company has a market cap of $29.12 million, a P/E ratio of -124.23 and a beta of 2.69.

About Global X Blockchain & Bitcoin Strategy ETF

The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.