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BTCR11

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

Analysis and statistics

  • Open
    9.1215$
  • Previous Close
    9.1079$
  • 52 Week Change
    --
  • Day Range
    0.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

BTCR11.SA refers to a Brazilian Real (BRL) denominated exchange-traded fund (ETF) that invests in Bitcoin. It allows Brazilian investors to gain exposure to the price movements of Bitcoin without directly owning the cryptocurrency. The "11" at the end is common for Brazilian ETFs, and "SA" indicates it's listed on the B3 stock exchange in São Paulo, Brazil.
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Factors

Bitcoin Price: BTCR11.SA mirrors Bitcoin's performance, so Bitcoin's price directly impacts it.

Exchange Rate: The USD/BRL exchange rate affects BTCR11.SA since Bitcoin is priced in USD.

Market Sentiment: Overall investor confidence in crypto influences demand for BTCR11.SA.

Regulatory News: Brazilian regulations on crypto affect investor perception and demand.

Fund Management: XP Asset's management effectiveness and fees affect its attractiveness.

Supply & Demand: Imbalances between buyers and sellers of BTCR11.SA influence its price.

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