Ishares Bitcoin Trust Etf Profile
| IBIT Etf | USD 55.21 0.18 0.33% |
Performance20 of 100
| Odds Of DistressLess than 9
|
IShares Bitcoin is selling for under 55.21 as of the 30th of November 2024; that is 0.33 percent up since the beginning of the trading day. The etf's last reported lowest price was 55.21. IShares 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 iShares Bitcoin Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
IShares Bitcoin is entity of United States. It is traded as Etf on NASDAQ exchange. More on iShares Bitcoin Trust
Moving together with IShares Etf
| 1.0 | GBTC | Grayscale Bitcoin Trust | PairCorr |
| 1.0 | BITO | ProShares Bitcoin | PairCorr |
| 0.98 | BLOK | Amplify Transformational | PairCorr |
| 0.94 | BLCN | Siren Nasdaq NexGen | PairCorr |
| 0.97 | BITQ | Bitwise Crypto Industry | PairCorr |
Moving against IShares Etf
IShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | North Peak Resources Ltd |
| Business Concentration | Cryptocurrency ETFs, Alternative Currency ETFs, Digital Assets (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2024-01-05 |
| Benchmark | CME CF Bitcoin Reference Rate New York Variant |
| Entity Type | Grantor Trust |
| Asset Under Management | 48.03 Billion |
| Asset Type | Currency |
| Category | Alternative Currency |
| Focus | Cryptocurrency |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Custodian | The Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Exchange | NASDAQ |
| Number of Constituents | 2.0 |
| Market Maker | Jane Street |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| 200 Day M A | 37.4381 |
| Country Name | USA |
| 50 Day M A | 41.6852 |
| Code | IBIT |
| Updated At | 29th of November 2024 |
| Name | iShares Bitcoin Trust |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01KYQ6PV3 |
| Type | ETF |
iShares Bitcoin Trust [IBIT] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Cryptocurrency ETFs. iShares Bitcoin Trust currently have in assets under management (AUM).
Check IShares Bitcoin Probability Of Bankruptcy
iShares Bitcoin Trust Currency Exposure
iShares Bitcoin Trust holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Bitcoin will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Bitcoin Trust.
iShares 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 IShares 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 | 0.1929 | |||
| Jensen Alpha | 0.553 | |||
| Total Risk Alpha | 0.2427 | |||
| Sortino Ratio | 0.2725 |
IShares Bitcoin Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares 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 gross domestic product. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of iShares Bitcoin Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is IShares 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 IShares Bitcoin's market value can be influenced by many factors that don't directly affect IShares 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 IShares Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares 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.