Vaneck Bitcoin Trust Etf Profile

HODL Etf   109.36  6.47  6.29%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
VanEck Bitcoin is selling for 109.36 as of the 28th of November 2024. This is a 6.29 percent up since the beginning of the trading day. The etf's lowest day price was 106.83. VanEck 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 VanEck Bitcoin Trust 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.
VanEck Bitcoin is entity of United States. It is traded as Etf on BATS exchange. More on VanEck Bitcoin Trust

Moving together with VanEck Etf

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VanEck Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationAlternative Currency ETFs, Cryptocurrency ETFs, Digital Assets (View all Sectors)
IssuerVan Eck
Inception Date2024-01-11
BenchmarkMarketVector Bitcoin Benchmark Rate
Entity TypeGrantor Trust
Asset Under Management1.22 Billion
Asset TypeCurrency
CategoryAlternative Currency
FocusCryptocurrency
Market ConcentrationBlended Development
RegionGlobal
AdministratorState Street Bank and Trust Company
CustodianState Street Bank and Trust Company, Gemini Trust Company, LLC
DistributorVan Eck Securities Corporation, Distributor
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Dec
ExchangeCboe BZX Exchange, Inc.
Number of Constituents2.0
Market MakerVirtu Financial
Total Expense0.25
Management Fee0.25
200 Day M A73.8866
Country NameUSA
50 Day M A81.3444
CodeHODL
Updated At27th of November 2024
NameVanEck Bitcoin Trust
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01KY678Y1
TypeETF
VanEck Bitcoin Trust [HODL] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Alternative Currency ETFs. VanEck Bitcoin Trust currently have in assets under management (AUM).
Check VanEck Bitcoin Probability Of Bankruptcy

VanEck Bitcoin Trust 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 VanEck 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.

VanEck Bitcoin Trust Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. VanEck Bitcoin Trust Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe VanEck Bitcoin price patterns.

VanEck Bitcoin Against Markets

When determining whether VanEck Bitcoin Trust is a strong investment it is important to analyze VanEck Bitcoin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Bitcoin's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Bitcoin Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of VanEck Bitcoin Trust is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is VanEck 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 VanEck Bitcoin's market value can be influenced by many factors that don't directly affect VanEck 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 VanEck Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck 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.