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BT1

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

Analysis and statistics

  • Open
    0.0024$
  • Previous Close
    0.0024$
  • 52 Week Change
    0.02$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.001$ - 0.0173$
  • Dividend Per Share
    --
  • Market cap
    1 632 K$
  • EPS
    --
  • Beta
    -2.553
  • Volume
    --

About

BT1.F represents the Bitcoin Tracker One, traded on the Frankfurt Stock Exchange. It is an exchange-traded note (ETN) designed to provide investors with exposure to the price movements of Bitcoin. Unlike an ETF that holds the underlying asset, an ETN is a debt security issued by an institution and backed by their creditworthiness, promising to track the performance of Bitcoin. Investing in BT1.F allows European investors to gain indirect access to Bitcoin without directly purchasing and storing it.
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Factors

Economic indicators: Strong economic growth typically boosts company profits and stock prices; conversely, recessions can depress them.

Company performance: Revenue, earnings, and future growth prospects are vital drivers of stock value.

Industry trends: A thriving industry benefits companies within it, while a struggling industry can hinder performance.

Interest rates: Higher interest rates can make borrowing more expensive for companies and reduce consumer spending, potentially lowering stock prices.

Market sentiment: Overall investor optimism or pessimism can significantly influence stock prices, often independent of fundamentals.

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