Invesco Galaxy Ethereum Etf Profile

QETH Etf   27.23  0.75  2.83%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Invesco Galaxy is trading at 27.23 as of the 16th of February 2025. This is a 2.83 percent increase since the beginning of the trading day. The etf's open price was 26.48. Invesco Galaxy has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 18th of November 2024 and ending today, the 16th of February 2025. Click here to learn more.

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Invesco Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCryptocurrency ETFs, Alternative Currency ETFs, Digital Assets (View all Sectors)
IssuerInvesco
Inception Date2024-07-23
BenchmarkLukka Prime Ethereum Reference Rate
Asset Under Management19.85 Million
Asset TypeCurrency
CategoryAlternative Currency
FocusCryptocurrency
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
CustodianThe Bank of New York Mellon Corporation, Coinbase Custody Trust Company LLC
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeCboe BZX Exchange, Inc.
Number of Constituents1.0
Market MakerVirtu Financial
Total Expense0.25
Country NameUSA
CodeQETH
Updated At15th of February 2025
Returns Y T D(18.45)
NameInvesco Galaxy Ethereum ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01NX8R2C7
TypeETF
Invesco Galaxy Ethereum [QETH] is traded in USA and was established null. The fund is listed under Digital Assets. The entity is thematically classified as Cryptocurrency ETFs. Invesco Galaxy Ethereum at this time have in assets.
Check Invesco Galaxy Probability Of Bankruptcy

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

Invesco Galaxy Against Markets

When determining whether Invesco Galaxy Ethereum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Galaxy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Galaxy Ethereum Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Galaxy Ethereum Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Galaxy Ethereum. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Invesco Galaxy Ethereum is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Galaxy's value that differs from its market value or its book value, called intrinsic value, which is Invesco Galaxy'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 Invesco Galaxy's market value can be influenced by many factors that don't directly affect Invesco Galaxy'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 Invesco Galaxy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Galaxy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Galaxy'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.