Fidelity Advantage Bitcoin ETF

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

Last Price

42.70

Today's Change

+1.70 (4.14%)

Day's Change

41.00 - 42.70

Trading Volume

105,124

Overview

Market Cap

634 Million

Shares Outstanding

14 Million

Avg Volume

61,079

Avg Price (50 Days)

30.29

Avg Price (200 Days)

28.76

PE Ratio

0.00

EPS

0.00

Earnings Announcement

Previous Close

41.00

Open

41.62

Day's Range

41.0 - 42.7

Year Range

16.5 - 43.28

Trading Volume

105,124

Price Change Highlight

1 Day Change

4.15%

5 Day Change

21.65%

1 Month Change

39.68%

3 Month Change

64.42%

6 Month Change

42.90%

Ytd Change

114.68%

1 Year Change

149.42%

3 Year Change

71.42%

5 Year Change

71.42%

10 Year Change

71.42%

Max Change

71.42%

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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