Fidelity Advantage Bitcoin ETF

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

Last Price

46.82

Today's Change

-0.74 (1.55%)

Day's Change

46.77 - 48.12

Trading Volume

43,818

Overview

Market Cap

958 Million

Shares Outstanding

20 Million

Avg Volume

85,517

Avg Price (50 Days)

36.95

Avg Price (200 Days)

30.94

PE Ratio

0.00

EPS

0.00

Earnings Announcement

Previous Close

47.56

Open

47.63

Day's Range

46.77 - 48.12

Year Range

17.3 - 48.12

Trading Volume

43,818

Price Change Highlight

1 Day Change

-1.56%

5 Day Change

0.95%

1 Month Change

13.17%

3 Month Change

77.89%

6 Month Change

52.21%

Ytd Change

135.39%

1 Year Change

150.37%

3 Year Change

130.19%

5 Year Change

87.96%

10 Year Change

87.96%

Max Change

87.96%

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.

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