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BLX

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1d
1w
1m

Analysis and statistics

  • Open
    29.8286$
  • Previous Close
    29.9013$
  • 52 Week Change
    11.34$
  • Day Range
    -0.07$
  • 52 Week High/Low
    24.1311$ - 35.4736$
  • Dividend Per Share
    0.0222
  • Market cap
    3 037 M$
  • EPS
    -0.09
  • Beta
    0.113
  • Volume
    --

About

BLX.TO is the stock symbol for the Horizons BetaPro S&P/TSX 60 Equal Weight Index ETF, a Canadian exchange-traded fund (ETF) that tracks the performance of the S&P/TSX 60 Equal Weight Index. This index represents the 60 largest companies in Canada, weighted equally to ensure that no single company dominates the fund's performance. The ETF aims to provide investors with exposure to a broad range of Canadian equities while mitigating concentration risk.
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Factors

Bitcoin Performance: BLX.TO's price heavily reflects Bitcoin's price swings. A Bitcoin surge typically lifts BLX.TO, and vice versa.

Management Fees: Higher fees associated with the BLX ETF will negatively impact its relative performance, thus affecting the price

Supply and Demand: Increased buying pressure on BLX.TO pushes its price up, while higher selling volumes drive it down. Market sentiment around Bitcoin influences this.

Regulatory News: Government regulations related to Bitcoin or crypto ETFs can significantly alter investor confidence and affect BLX.TO’s price.

Market Sentiment: Broad economic news, inflation fears, or positive/negative headlines about the crypto market affect overall investor sentiment, moving BLX.TO's price accordingly.

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