Valkyrie Bitcoin Futures Etf Profile

BTFX Etf   60.06  0.74  1.25%   

Performance

20 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Valkyrie Bitcoin is trading at 60.06 as of the 30th of November 2024; that is 1.25 percent increase since the beginning of the trading day. The etf's open price was 59.32. Valkyrie 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 Valkyrie Bitcoin Futures are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Valkyrie Bitcoin is entity of United States. It is traded as Etf on NASDAQ exchange. More on Valkyrie Bitcoin Futures

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Moving against Valkyrie Etf

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Valkyrie Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCryptocurrency ETFs, Alternative Currency ETFs, Digital Assets (View all Sectors)
IssuerValkyrie Funds
Inception Date2024-02-21
BenchmarkS&P CME Bitcoin Futures Index Excess Return
Entity TypeRegulated Investment Company
Asset TypeCurrency
CategoryAlternative Currency
FocusCryptocurrency
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorValkyrie Funds LLC
CustodianU.S. Bank, N.A.
DistributorALPS Distributors, Inc.
Portfolio ManagerSteven McLurg, Rafael Zayas, Ryan Dofflemeyer, Bill Cannon, Austin Wen
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End30-Sep
ExchangeNASDAQ
Number of Constituents2.0
Market MakerFlow Traders
Total Expense1.85
Management Fee1.85
Country NameUSA
CodeBTFX
Updated At29th of November 2024
NameValkyrie Bitcoin Futures Leveraged Strategy ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01LN1N9G2
TypeETF
Valkyrie Bitcoin Futures [BTFX] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Cryptocurrency ETFs. Valkyrie Bitcoin Futures currently have in assets under management (AUM).
Check Valkyrie Bitcoin Probability Of Bankruptcy

Valkyrie Bitcoin Futures 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.

Valkyrie Bitcoin Against Markets

When determining whether Valkyrie Bitcoin Futures offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valkyrie 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 Valkyrie Bitcoin Futures Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Valkyrie Bitcoin Futures Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Valkyrie Bitcoin Futures. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Valkyrie Bitcoin Futures 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.