BetaPro Inverse Bitcoin ETF

TSX (CAD): BetaPro Inverse Bitcoin ETF (BITI)

Last Price

21.30

Today's Change

+0.73 (3.54%)

Day's Change

21.05 - 22.20

Trading Volume

65,197

Overview

Market Cap

16 Million

Shares Outstanding

791,180

Avg Volume

71,286

Avg Price (50 Days)

21.03

Avg Price (200 Days)

30.51

PE Ratio

0.00

EPS

0.00

Earnings Announcement

Previous Close

20.57

Open

22.18

Day's Range

21.05 - 22.2

Year Range

19.0 - 56.21

Trading Volume

65,197

Price Change Highlight

1 Day Change

3.55%

5 Day Change

4.87%

1 Month Change

0.28%

3 Month Change

-30.53%

6 Month Change

322.62%

Ytd Change

-0.47%

1 Year Change

165.59%

3 Year Change

26.41%

5 Year Change

45.29%

10 Year Change

45.29%

Max Change

45.29%

News and Blogs
Latest Hottest Following

No result.

Company Profile

Sector: Real Estate - Real Estate

Industry: Asset Management - Cryptocurrency

Description:

This ETF is the first to provide inverse exposure to bitcoin futures, it aims to profit on the price decline of bitcoin futures traded on the CME Futures Exchange. The fund does not invest directly in bitcoin or in bitcoin futures market, instead, it provides exposure to the price of the index by investing in forward contracts. Returns can vary significantly from -1x exposure, if held for longer than a day. The funds index has long notional investments in bitcoin futures based on the CME CF Bitcoin Reference Rate, which aggregates bitcoin trading activity across major bitcoin spot trading venues between 3:00-4:00 p.m. London time. The index represents the settlement prices of front-month bitcoin futures, prices are usually determined at 4:00 p.m. (EST). As a geared product with daily resets, the fund is designed as a short-term trading tool and not a long-term investment vehicle. The base currency of the ETF is USD, it will not hedge any foreign currency exposure back to CAD.

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