Bitwise Funds is trading at 59.26 as of the 30th of November 2024, a 0.80 percent increase since the beginning of the trading day. The etf's open price was 58.79. Bitwise Funds 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 Funds Trust 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.
The investment seeks investment results that, before fees and expenses, correspond generally to the performance of the Bitwise Web3 Equities Index. Bitwise Funds is traded on NYSEARCA Exchange in the United States. More on Bitwise Funds Trust
Bitwise Funds Trust [BWEB] is traded in USA and was established 2022-10-04. The fund is listed under Technology category and is part of Bitwise Investments family. The entity is thematically classified as Israel Wall Street. Bitwise Funds Trust currently have in assets under management (AUM). , while the total return for the last year was 60.6%.
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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 Funds. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Bitwise Funds Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bitwise Funds' 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 Funds Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bitwise Funds Trust Etf:
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The market value of Bitwise Funds Trust 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 Funds' value that differs from its market value or its book value, called intrinsic value, which is Bitwise Funds' 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 Funds' market value can be influenced by many factors that don't directly affect Bitwise Funds' 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 Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Funds' 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.