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BUFT

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

Analysis and statistics

  • Open
    23.7614$
  • Previous Close
    24.0297$
  • 52 Week Change
    --
  • Day Range
    -0.27$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The BUFT.US ETF, or Direxion Daily Bitcoin Bull 2X Shares, seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Solactive Bitcoin Strategy ETF. It is designed for sophisticated investors seeking to amplify daily bitcoin strategy ETF returns and should be used with caution, as it is a leveraged product and can experience significant volatility and potential losses, especially if held for longer periods than a single day due to the effects of compounding.
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Factors

Fund Composition: The underlying assets held by the BUFT ETF directly impact its price. A positive performance in those assets will drive the ETF price upward, while negative performance will lower it.

Supply and Demand: General supply and demand dynamics in the market affect BUFT's price. Higher demand with limited supply pushes the price up, and vice versa.

Market Sentiment: Overall investor sentiment towards the biotechnology sector, or the broader market, influences BUFT's price. Optimism may increase buying pressure, raising the price, while pessimism can cause selling pressure, lowering it.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and economic growth impact companies within the biotech sector, and therefore influence BUFT's price.

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