VanEck Bitcoin Strategy ETF (XBTF)
- Previous Close
39.09 - Open
39.15 - Bid --
- Ask --
- Day's Range
37.73 - 39.55 - 52 Week Range
24.29 - 43.94 - Volume
40,788 - Avg. Volume
28,847 - Net Assets --
- NAV 39.75
- PE Ratio (TTM) --
- Yield --
- YTD Daily Total Return 1.06%
- Beta (5Y Monthly) 0.00
- Expense Ratio (net) 0.76%
The fund is an actively managed ETF that invests, under normal circumstances, in standardized, cash-settled bitcoin futures contracts (“Bitcoin Futures”) traded on commodity exchanges registered with the Commodity Futures Trading Commission (“CFTC”). The fund does not invest in bitcoin or other digital assets directly. The fund seeks to invest in Bitcoin Futures so that the total value of the bitcoin to which the fund has economic exposure is approximately 100% of the total assets of the fund (the “Target Exposure”). The fund is non-diversified.
VanEck
Fund Family
Digital Assets
Fund Category
--
Net Assets
2021-11-15
Inception Date
Performance Overview: XBTF
Trailing returns as of 2/21/2024. Category is Digital Assets.
Related ETF News
Research Reports: XBTF
Coinbase Earnings: Interest Income From USDC Offsets Lower Trading Volume
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
RatingPrice TargetRoblox Earnings: Strong User Growth and Cost Leverage Bode Well for 2024
Roblox operates an online video game platform that lets young gamers create, develop, and monetize games (or “experiences”) for other players. The firm effectively offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. The platform is a closed garden that Roblox controls, earning revenue in multiple places while benefiting from outsourced game development. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers then creating new games or franchises.
RatingPrice TargetCoinbase Earnings: Interest Income From USDC Offsets Lower Trading Volume
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
RatingPrice TargetRoblox Should Continue to Benefit as Players Age
Roblox operates an online video game platform that lets young gamers create, develop, and monetize games (or “experiences”) for other players. The firm effectively offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. The platform is a closed garden that Roblox controls, earning revenue in multiple places while benefiting from outsourced game development. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers then creating new games or franchises.
RatingPrice Target