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COINXBE

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--%
1d
1w
1m

Analysis and statistics

  • Open
    3393.1319$
  • Previous Close
    3458.6069$
  • 52 Week Change
    --
  • Day Range
    -65.48$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

COINXBE.ST represents CoinShares Physical Bitcoin ETP, an exchange-traded product listed on the Nasdaq Stockholm exchange. It provides investors with exposure to the price of Bitcoin by holding actual Bitcoin in custody. The ETP is designed to offer a regulated and accessible way to invest in Bitcoin without directly owning the cryptocurrency. Each unit of COINXBE.ST represents a fraction of a Bitcoin, and the value of the ETP fluctuates based on the underlying Bitcoin price.
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Factors

The factor name should not be bold. Underlying Asset Performance: The primary driver is the price of Bitcoin, as COINXBE.ST tracks its value. Bitcoin's price fluctuations directly impact the ETF.

Supply and Demand: Increased demand for the ETF pushes its price higher, while increased selling pressure leads to price declines.

Market Sentiment: Overall investor confidence and risk appetite in the cryptocurrency market significantly influence demand for Bitcoin ETFs.

Regulatory Environment: Changes in regulations regarding cryptocurrencies and ETFs can affect investor sentiment and trading activity.

ETF Management Fees: The fees charged by the ETF provider reduce the overall return and can impact the perceived value of the ETF.

Tracking Error: The difference between the ETF's performance and Bitcoin's price can impact investor confidence and affect its price.

Liquidity: Higher trading volume makes the ETF more attractive to investors and can contribute to price stability.

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