Valkyrie Bitcoin Strategy Etf Profile
| BTF Etf | USD 23.64 1.70 7.75% |
Performance15 of 100
| Odds Of DistressLess than 9
|
Valkyrie Bitcoin is trading at 23.64 as of the 28th of November 2024. This is a 7.75 percent increase since the beginning of the trading day. The etf's lowest day price was 22.88. Valkyrie Bitcoin has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Valkyrie Bitcoin Strategy 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.
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing all or substantially all of its assets in exchange-traded futures contracts on bitcoin and Collateral Investments. Valkyrie Bitcoin is traded on NASDAQ Exchange in the United States. The company has 12.34 M outstanding shares of which 109.97 K shares are currently shorted by investors with about 0.0 days to cover. More on Valkyrie Bitcoin Strategy
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Valkyrie Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [BENEFITFOCUS, BENEFITFOCUS (BTF.SG), Benefitfocus Inc, FONDUL INCHIS DE INVESTITII BET-FI INDEX INVEST] |
| Business Concentration | Alternative Currency ETFs, Cryptocurrency ETFs, Digital Assets, Valkyrie ETF Trust II (View all Sectors) |
| Issuer | Valkyrie Funds |
| Inception Date | 2021-10-21 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 51.51 Million |
| Asset Type | Currency |
| Category | Alternative Currency |
| Focus | Cryptocurrency |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Valkyrie Funds LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | ALPS Distributors, Inc |
| Portfolio Manager | Steven McClurg, Rafael Zayas, Ryan Dofflemeyer |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 3.0 |
| Market Maker | Jump Trading, LLC |
| Total Expense | 1.24 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | 66.94 |
| Name | Valkyrie Bitcoin Strategy ETF |
| Currency Code | USD |
| Open Figi | BBG0132VZKZ0 |
| In Threey Volatility | 62.09 |
| 1y Volatility | 61.18 |
| 200 Day M A | 18.3758 |
| 50 Day M A | 17.6987 |
| Code | BTF |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.12 |
| Type | ETF |
Valkyrie Bitcoin Strategy [BTF] is traded in USA and was established 2021-10-21. The fund is classified under Digital Assets category within Valkyrie ETF Trust II family. The entity is thematically classified as Alternative Currency ETFs. Valkyrie Bitcoin Strategy currently have 18.15 M in assets under management (AUM). , while the total return for the last 3 years was 6.9%.
Valkyrie Bitcoin Strategy has about 830.95 K in cash with 1.38 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Valkyrie Bitcoin Probability Of Bankruptcy
Valkyrie Bitcoin Strategy 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 Valkyrie 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 | 0.1105 | |||
| Jensen Alpha | 0.1516 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1244 |
Valkyrie Bitcoin Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Valkyrie Bitcoin Strategy. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Valkyrie Bitcoin Strategy is measured differently than its book value, which is the value of Valkyrie that is recorded on the company's balance sheet. Investors also form their own opinion of Valkyrie Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Valkyrie 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 Valkyrie Bitcoin's market value can be influenced by many factors that don't directly affect Valkyrie 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 Valkyrie Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valkyrie Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valkyrie 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.