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FBTC

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

Analysis and statistics

  • Open
    97.9487$
  • Previous Close
    96.8954$
  • 52 Week Change
    --
  • Day Range
    1.05$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FBTC.US represents the Fidelity Wise Origin Bitcoin Fund, an exchange-traded fund (ETF) that seeks to track the performance of Bitcoin as measured by the performance of the Bitcoin Reference Rate. It offers investors exposure to Bitcoin without directly holding the cryptocurrency. FBTC holds actual Bitcoin and aims to provide a cost-effective and convenient way for investors to gain exposure to the digital asset within a traditional brokerage account. The fund's performance will be affected by the price fluctuations of Bitcoin, as well as fund expenses and operational considerations.
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Factors

Bitcoin Price: FBTC’s primary asset is Bitcoin. Its price fluctuations directly impact the ETF's value.

Supply and Demand: Higher demand for FBTC drives its price up, while increased selling pressure lowers it.

Market Sentiment: Positive news regarding Bitcoin or the crypto market generally boosts FBTC's price.

Regulatory Developments: Regulatory changes impacting Bitcoin or crypto ETFs can influence investor confidence and FBTC's price.

Management Fees: FBTC's expense ratio affects returns, influencing its overall attractiveness and price indirectly.

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