Fidelity Advantage Bitcoin ETF

TSX (CAD): Fidelity Advantage Bitcoin ETF (FBTC)

Last Price

47.08

Today's Change

+2.88 (6.51%)

Day's Change

45.85 - 47.08

Trading Volume

61,920

Overview

Market Cap

950 Million

Shares Outstanding

20 Million

Avg Volume

99,712

Avg Price (50 Days)

40.09

Avg Price (200 Days)

31.67

PE Ratio

0.00

EPS

0.00

Earnings Announcement

Previous Close

44.20

Open

45.93

Day's Range

45.85 - 47.08

Year Range

17.3 - 51.23

Trading Volume

61,920

Price Change Highlight

1 Day Change

6.52%

5 Day Change

-3.19%

1 Month Change

2.39%

3 Month Change

64.27%

6 Month Change

75.08%

Ytd Change

136.70%

1 Year Change

145.59%

3 Year Change

108.32%

5 Year Change

89.00%

10 Year Change

89.00%

Max Change

89.00%

News and Blogs
Latest Hottest Following

No result.

Company Profile

Sector: Real Estate - Real Estate

Industry: Asset Management - Cryptocurrency

Description:

The fund provides exposure to the price of Bitcoin in exchange for Canadian dollars. As shares of the ETF are purchased, the proceeds are used to purchase bitcoin from Fidelitys selected liquidity providers. The price of bitcoin is taken from a variety of sources in order to determine a value for the ETF shares. Once purchased, the bitcoin is then stored in Fidelitys Digital Asset Services, serving as the sub-custodian. Holding bitcoin in an ETF wrapper provides a more efficient way to hold and trade the asset. However, shares of the ETF can not be redeemed for physical bitcoin. While the price of bitcoin will fluctuate 24 hours a day, trading of the ETF shares is also limited to exchange trading hours and listing requirements. Bitcoin is a part of a new an rapidly changing industry, subject to a variety of factors that are difficult to evaluate. Bitcoin has been highly volatile and may not be suited for all investors.

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment