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HBGD-U

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

Analysis and statistics

  • Open
    25.695$
  • Previous Close
    25.695$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

HBGD-U.TO is the Horizons Bitcoin Front Month Rolling Futures ETF (USD Units). It's an exchange-traded fund listed on the Toronto Stock Exchange that seeks to provide investors with exposure to Bitcoin futures contracts. The fund invests in the front-month rolling futures contracts of Bitcoin, aiming to track the performance of Bitcoin by rolling over the expiring futures contracts to the next available month.
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Factors

Underlying Bitcoin Price: HBGD-U.TO's value is directly tied to Bitcoin's price. A rise in Bitcoin's price will generally increase HBGD-U.TO's price, and vice versa.

Supply and Demand: Market dynamics, like the number of buyers and sellers for HBGD-U.TO units, influence its price. High demand pushes the price up, while high supply can lower it.

Management Fees: The fees charged by the ETF provider can impact its overall value. Higher fees mean less return for investors, potentially affecting its price.

Regulatory Environment: Changes in regulations regarding cryptocurrency or ETFs can impact investor sentiment and trading activity, affecting the price.

Market Sentiment: General investor feelings towards cryptocurrency, whether positive (bullish) or negative (bearish), significantly sway the price of HBGD-U.TO.

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