Wisdom Tree Bitcoin Etf Profile

BTCW Etf   100.18  1.96  2.00%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Wisdom Tree is selling for under 100.18 as of the 21st of November 2024; that is 2.00 percent increase since the beginning of the trading day. The etf's lowest day price was 99.17. Wisdom Tree 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 Wisdom Tree Bitcoin are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Wisdom Tree is entity of United States. It is traded as Etf on BATS exchange. More on Wisdom Tree Bitcoin

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Wisdom Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCryptocurrency ETFs, Alternative Currency ETFs, Digital Assets (View all Sectors)
IssuerWisdomTree
Inception Date2024-01-11
BenchmarkCME CF Bitcoin Reference Rate New York Variant
Entity TypeGrantor Trust
Asset Under Management353.3 Million
Asset TypeCurrency
CategoryAlternative Currency
FocusCryptocurrency
Market ConcentrationBlended Development
RegionGlobal
AdministratorState Street Bank and Trust Company
CustodianState Street Bank and Trust Company, Coinbase Custody Trust Company LLC
DistributorForeside Funds Services, LLC
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Dec
ExchangeCboe BZX Exchange, Inc.
Number of Constituents3.0
Market MakerFlow Traders
Total Expense0.25
Management Fee0.25
200 Day M A68.547
Country NameUSA
50 Day M A73.8329
CodeBTCW
Updated At19th of November 2024
NameWisdom Tree Bitcoin Fund
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01KY5LQM0
TypeETF
Wisdom Tree Bitcoin [BTCW] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Cryptocurrency ETFs. Wisdom Tree Bitcoin currently have in assets under management (AUM).
Check Wisdom Tree Probability Of Bankruptcy

Wisdom Tree 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 Wisdom Tree. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Wisdom Tree Against Markets

When determining whether Wisdom Tree Bitcoin is a strong investment it is important to analyze Wisdom Tree'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 Wisdom Tree's future performance. For an informed investment choice regarding Wisdom Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wisdom Tree 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 main economic indicators.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Wisdom Tree Bitcoin is measured differently than its book value, which is the value of Wisdom that is recorded on the company's balance sheet. Investors also form their own opinion of Wisdom Tree's value that differs from its market value or its book value, called intrinsic value, which is Wisdom Tree'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 Wisdom Tree's market value can be influenced by many factors that don't directly affect Wisdom Tree'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 Wisdom Tree's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wisdom Tree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wisdom Tree'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.