Markets.com Logo

BITI

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

Analysis and statistics

  • Open
    16.6929$
  • Previous Close
    16.1512$
  • 52 Week Change
    --
  • Day Range
    0.54$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

BITI.TO is a Canadian-listed exchange-traded fund (ETF) that provides inverse exposure to the daily performance of Bitcoin. Specifically, it seeks to replicate, before fees, expenses, and taxes, the inverse (opposite) of the daily percentage change in the Bitcoin price. This means that if Bitcoin's price decreases on a given day, BITI.TO is designed to increase in value, and conversely, if Bitcoin's price increases, BITI.TO is designed to decrease in value. It is important to note that due to the compounding effect of daily returns, the performance of BITI.TO over periods longer than one day can differ significantly from the inverse of the cumulative Bitcoin return.
VOO ETF News: VOO surges 400%, what happened to Vanguard S&P 500 ETF?

VOO ETF News: VOO surges 400%, what happened to Vanguard S&P 500 ETF?

Ghko B|--
Quantum Stocks Soared Again: Rigetti (RGTI) Stock, IONQ, D-Wave (QBTS)

Quantum Stocks Soared Again: Rigetti (RGTI) Stock, IONQ, D-Wave (QBTS)

Ghko B|--
Solana (SOL) Price Below $200: Why Is Solana Price (SOL/USD) Falling?

Solana (SOL) Price Below $200: Why Is Solana Price (SOL/USD) Falling?

Ghko B|--
AMD stock is rising: How high could AMD stock go, can AMD hit $300?

AMD stock is rising: How high could AMD stock go, can AMD hit $300?

Ghko B|--
Nvidia (NVDA) Stock is trading up today: What is the NVDA price target 2026?

Nvidia (NVDA) Stock is trading up today: What is the NVDA price target 2026?

Ghko B|--
ELBM stock surged 325%: What’s happening with Electra Battery Materials?

ELBM stock surged 325%: What’s happening with Electra Battery Materials?

Ghko B|--
Biggest stock movers today: CRML stock is up 55%, UAMY stock climbs 36%

Biggest stock movers today: CRML stock is up 55%, UAMY stock climbs 36%

Ghko B|--

Factors

Bitcoin Price: BITI.TO is designed to move inversely to Bitcoin's price. If Bitcoin's price decreases, BITI.TO's price is expected to increase, and vice-versa.

Management Fees & Expenses: The fund's operating expenses, including management fees, can affect its performance and, consequently, its price.

Supply and Demand: Increased demand for BITI.TO can drive its price up, while increased selling pressure can push it down, reflecting investor sentiment.

Index Tracking: How well the ETF tracks its underlying index (in this case, an inverse Bitcoin index) influences its price. Tracking errors can lead to deviations.

Regulatory Changes: Changes in regulations regarding cryptocurrencies or ETFs can impact investor confidence and trading activity, affecting BITI.TO's price.

People Also Watch

Latest news

Potential Government Shutdown Threatens Key US Economic Data Delays

Sophia Claire|--

Trump's 100% Tariff on Foreign Films: Hollywood's Future at Stake?

Noah Lee|--

Buffett Indicator Hits Record High: Market Valuation Concerns

Liam James|--

Latest Education Articles

Gold price outlook: Gold rises to $4,214, can XAU/USD Reach New Highs?

Gold price outlook: Gold rises to $4,214, can XAU/USD Reach New Highs?

Ghko B|--
Gold price forecast: XAU/USD reaches new highs, what’s next?

Gold price forecast: XAU/USD reaches new highs, what’s next?

Frances Wang|--
CFD trading basics: What you need to know about CFD trading as a beginner?

CFD trading basics: What you need to know about CFD trading as a beginner?

Frances Wang|--