Valkyrie Bitcoin Etf Profile

BRRR Etf   28.08  0.28  1.01%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Valkyrie Bitcoin is selling at 28.08 as of the 24th of November 2024; that is 1.01 percent increase since the beginning of the trading day. The etf's lowest day price was 27.52. Valkyrie Bitcoin has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Valkyrie Bitcoin are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2023 and ending today, the 24th of November 2024. Click here to learn more.
Valkyrie Bitcoin is entity of United States. It is traded as Etf on NASDAQ exchange. More on Valkyrie Bitcoin

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Valkyrie Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationAlternative Currency ETFs, Cryptocurrency ETFs, Digital Assets (View all Sectors)
IssuerValkyrie Funds
Inception Date2024-01-11
BenchmarkCME CF Bitcoin Reference Rate New York Variant
Entity TypeGrantor Trust
Asset Under Management910.88 Million
Asset TypeCurrency
CategoryAlternative Currency
FocusCryptocurrency
Market ConcentrationBlended Development
RegionGlobal
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorValkyrie Funds LLC
CustodianU.S. Bank, N.A., Coinbase Custody Trust Company LLC
DistributorParalel Distributors LLC
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Dec
ExchangeNASDAQ
Number of Constituents1.0
Market MakerFlow Traders
Total Expense0.25
Management Fee0.25
200 Day M A18.4381
Country NameUSA
50 Day M A20.1428
CodeBRRR
Updated At23rd of November 2024
NameValkyrie Bitcoin Fund
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01KYQ3X49
TypeETF
Valkyrie Bitcoin [BRRR] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Alternative Currency ETFs. Valkyrie Bitcoin currently have in assets under management (AUM).
Check Valkyrie Bitcoin Probability Of Bankruptcy

Valkyrie Bitcoin Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Valkyrie Bitcoin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Valkyrie Bitcoin Against Markets

When determining whether Valkyrie Bitcoin is a strong investment it is important to analyze Valkyrie Bitcoin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Valkyrie Bitcoin's future performance. For an informed investment choice regarding Valkyrie Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Valkyrie Bitcoin. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Valkyrie Bitcoin is measured differently than its book value, which is the value of Valkyrie that is recorded on the company's balance sheet. Investors also form their own opinion of Valkyrie Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Valkyrie Bitcoin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Valkyrie Bitcoin's market value can be influenced by many factors that don't directly affect Valkyrie Bitcoin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Valkyrie Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valkyrie Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valkyrie Bitcoin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.