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BINC

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    52.9021$
  • Previous Close
    53.1498$
  • 52 Week Change
    --
  • Day Range
    -0.25$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

BINC.US refers to the Roundhill Bitcoin Conventors ETF. This ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bitcoin Conventors Index. The index is designed to track the performance of a portfolio of companies that are believed to be the most active participants in the cryptocurrency economy, specifically those involved in Bitcoin mining, trading, or enabling cryptocurrency technologies. It's important to note that while the ETF aims to capture the performance of Bitcoin-related companies, it does not invest directly in Bitcoin itself.
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Factors

Fund Holdings: BINC.US's price mirrors its underlying assets, primarily Bitcoin futures contracts. Fluctuations in these contracts directly impact the ETF's net asset value.

Supply & Demand: Like any security, BINC.US's price is influenced by buyer and seller activity. High demand drives prices up; increased selling pressure lowers them.

Market Sentiment: General investor feeling toward Bitcoin affects BINC.US. Positive sentiment encourages buying, while negative sentiment leads to selling.

Regulatory Changes: Government regulations regarding Bitcoin or cryptocurrency futures can significantly impact BINC.US's price, creating uncertainty or fostering stability.

Economic Factors: Broader economic conditions, such as inflation, interest rates, and economic growth, can influence investor appetite for risk assets like Bitcoin and, consequently, BINC.US.

Futures Roll Costs: BINC.US invests in Bitcoin futures, requiring periodic rolling of contracts. These rolls can incur costs, impacting the ETF's performance relative to Bitcoin's spot price.

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