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HODL

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1d
1w
1m

Analysis and statistics

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About

HODL.PA represents an Exchange Traded Note (ETN) issued by 21Shares AG, tracking the performance of a basket of the top cryptocurrencies. It provides investors with exposure to the cryptocurrency market without requiring them to directly hold the underlying digital assets. The ETN is listed on the SIX Swiss Exchange and tracks the performance of the 21Shares HODL Index, which is comprised of the largest and most liquid cryptocurrencies based on market capitalization and trading volume, rebalanced periodically. As an ETN, it carries credit risk related to the issuer, 21Shares AG, meaning the value of the note is subject to their ability to meet their obligations.
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Factors

Bitcoin Price: HODL.PA tracks Bitcoin's price, so Bitcoin's movements heavily influence its value.

Supply & Demand: Increased demand for HODL.PA pushes its price up, while higher supply lowers it.

Regulatory News: Favorable crypto regulations can increase investor confidence, boosting HODL.PA; negative news decreases it.

Market Sentiment: Overall positive or negative feelings toward cryptocurrencies directly impacts HODL.PA.

Competitor ETFs: Performance and fees of similar crypto ETFs influence investor choices and HODL.PA's price.

Management Fees: HODL.PA's expense ratio impacts its attractiveness to investors compared to other options.

Liquidity: Higher trading volume makes it easier to buy/sell HODL.PA, potentially affecting its price stability.

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