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FTXSYX

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

Analysis and statistics

  • Open
    9.7134$
  • Previous Close
    9.7134$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FTXSYX.US was a debt security issued by FTX, specifically a tokenized bond. This token represented a claim against FTX's balance sheet and promised a fixed interest rate. It was available for trading on certain cryptocurrency exchanges. Due to FTX's bankruptcy in late 2022, the value of FTXSYX.US plummeted, and it is now considered virtually worthless as the claims against FTX are subject to ongoing bankruptcy proceedings with uncertain recovery prospects for creditors.
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Factors

Exchange Closure: FTX's collapse directly impacted its index, rendering it valueless and untradeable.

Underlying Assets: The performance of the assets included in the FTXSYX.US index originally influenced its price, but now irrelevant.

Market Sentiment: General crypto market sentiment and risk appetite formerly affected index price, now defunct.

Regulatory Actions: Regulatory scrutiny towards FTX and crypto further dampened the index value, currently worthless.

Liquidity: Illiquidity after FTX's downfall contributed to the index's price crash and removal from trading.

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