ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE) Trading 4.6% Higher – Here’s Why

Shares of ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETEGet Free Report) shot up 4.6% during trading on Wednesday . The company traded as high as $84.31 and last traded at $84.31. 1,309 shares traded hands during trading, a decline of 51% from the average session volume of 2,698 shares. The stock had previously closed at $80.64.

ProShares Bitcoin & Ether Equal Weight ETF Price Performance

The company’s fifty day simple moving average is $77.55 and its 200 day simple moving average is $67.73.

ProShares Bitcoin & Ether Equal Weight ETF Company Profile

(Get Free Report)

The ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE) 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. It does not invest directly in bitcoin or ether.

Recommended Stories

Receive News & Ratings for ProShares Bitcoin & Ether Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Bitcoin & Ether Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.