Bitwise Bitcoin Etf Profile
BITB Etf | 52.68 3.15 6.36% |
Performance17 of 100
| Odds Of DistressLess than 9
|
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
Moving together with Bitwise Etf
Bitwise Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Alternative Currency ETFs, Cryptocurrency ETFs, Digital Assets (View all Sectors) |
Issuer | Bitwise Asset Management |
Inception Date | 2024-01-10 |
Benchmark | CME CF Bitcoin Reference Rate New York Variant |
Entity Type | Grantor Trust |
Asset Type | Currency |
Category | Alternative Currency |
Focus | Cryptocurrency |
Market Concentration | Blended Development |
Region | Global |
Administrator | The Bank of New York Mellon Corporation |
Advisor | Bitwise Investment Manager, LLC |
Custodian | The Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC |
Distributor | Foreside Fund Services, LLC |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 31-Dec |
Exchange | NYSE Arca, Inc. |
Market Maker | IMC |
Total Expense | 0.2 |
Management Fee | 0.2 |
200 Day M A | 35.5912 |
Country Name | USA |
50 Day M A | 39.162 |
Code | BITB |
Updated At | 27th of November 2024 |
Name | Bitwise Bitcoin ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01KY66LW5 |
Type | ETF |
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.
Risk Adjusted Performance | 0.1452 | |||
Jensen Alpha | 0.3394 | |||
Total Risk Alpha | 0.065 | |||
Sortino Ratio | 0.179 |
Bitwise Bitcoin Against Markets
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.