Bitwise Bitcoin Etf Profile

BITB Etf   52.68  3.15  6.36%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Bitwise Bitcoin is trading at 52.68 as of the 28th of November 2024, a 6.36 percent increase since the beginning of the trading day. The etf's open price was 49.53. Bitwise Bitcoin has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Bitwise Bitcoin ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Bitwise Bitcoin is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Bitwise Bitcoin ETF

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Bitwise Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationAlternative Currency ETFs, Cryptocurrency ETFs, Digital Assets (View all Sectors)
IssuerBitwise Asset Management
Inception Date2024-01-10
BenchmarkCME CF Bitcoin Reference Rate New York Variant
Entity TypeGrantor Trust
Asset TypeCurrency
CategoryAlternative Currency
FocusCryptocurrency
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorBitwise Investment Manager, LLC
CustodianThe Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC
DistributorForeside Fund Services, LLC
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Market MakerIMC
Total Expense0.2
Management Fee0.2
200 Day M A35.5912
Country NameUSA
50 Day M A39.162
CodeBITB
Updated At27th of November 2024
NameBitwise Bitcoin ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01KY66LW5
TypeETF
Bitwise Bitcoin ETF [BITB] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Alternative Currency ETFs. Bitwise Bitcoin ETF currently have in assets under management (AUM).
Check Bitwise Bitcoin Probability Of Bankruptcy

Bitwise Bitcoin ETF Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bitwise Bitcoin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Bitwise Bitcoin Against Markets

When determining whether Bitwise Bitcoin ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bitwise Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bitwise Bitcoin Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bitwise Bitcoin Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitwise Bitcoin ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Bitwise Bitcoin ETF is measured differently than its book value, which is the value of Bitwise that is recorded on the company's balance sheet. Investors also form their own opinion of Bitwise Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Bitwise Bitcoin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bitwise Bitcoin's market value can be influenced by many factors that don't directly affect Bitwise Bitcoin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bitwise Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Bitcoin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.