Fri Sep 20 06:31:27 UTC 2024: ## WisdomTree Bitcoin Fund (BTCW) Soars 5.4% on Thursday

**New York, NY – September 20, 2024** – The WisdomTree Bitcoin Fund (BTCW), an exchange-traded fund tracking the price of Bitcoin, experienced a significant jump in value on Thursday, closing at $67.21, a 5.4% increase from the previous day’s close of $63.78. The stock traded as high as $67.79 during the day, with approximately 45,157 shares changing hands.

BTCW, launched on January 11, 2024, by WisdomTree, passively mirrors Bitcoin’s performance, leveraging a Benchmark Rate for valuation. The fund does not directly invest or manage the digital currency.

While BTCW’s share price has shown strong growth in recent days, it’s important to note that the cryptocurrency market remains volatile. Investors are encouraged to conduct thorough research and consult with financial advisors before making investment decisions.

**In other market news:**

* New Found Gold (CVE:NFG) shares dropped 3.8% on Thursday.
* Starbucks (NASDAQ:SBUX) stock price rose 0.6% following insider buying activity.

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