CoinShares Valkyrie Bitcoin Fund (BRRR)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
BRRR Chart
Why Bitcoin May Soon Outpace Other Famous Assets
Bitcoin has subjected investors to a wild ride over the past couple of months, betraying historically favorable seasonality to start the fourth quarter while notching steep losses. In better news, the largest cryptocurrency appears to have found its footing as it traded above $90,000 for much of the week ending December 5.
Bitcoin ETFs Gain as Market Enters New Phase
The CoinShares Bitcoin ETF (BRRR) and the CoinShares Bitcoin and Ether ETF (BTF) posted gains over the past week, as the broader bitcoin market appears to be entering a maturation phase that some analysts compare to a company's post-IPO period.
If Eric Trump Is Right, This ETF Could Be Ready to Soar
Experienced cryptocurrency investors know the asset class often draws ambitious price forecasts. Oftentimes those projections arrive courtesy of some well-known market participants.
CoinShares Valkyrie Bitcoin Fund (BRRR) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has CoinShares Valkyrie Bitcoin Fund ever had a stock split?
CoinShares Valkyrie Bitcoin Fund Profile
| NASDAQ (NMS) Exchange | United States Country |
Overview
The Trust is an investment vehicle that exclusively focuses on bitcoin. It aims to provide its shareholders with direct exposure to bitcoin by holding this cryptocurrency as its primary asset. The company's investment strategy is to closely mirror the value of bitcoin as determined by a specific index. This index is designed to reflect an aggregated value of bitcoin based on executed trades across several major bitcoin spot exchanges. By valuing its shares daily according to this index, the Trust seeks to offer an accurate and real-time representation of bitcoin's market value.
Products and Services
- Bitcoin Holding
The Trust's primary service is the holding of bitcoin as an investment asset. By purchasing shares in the Trust, investors gain exposure to the price movements of bitcoin without the need to directly buy, store, and secure the cryptocurrency themselves. This approach simplifies the investment process in digital currencies and mitigates some of the security risks associated with direct handling of bitcoin.
- Daily Share Valuation Based on Bitcoin Index
To provide a transparent and fair valuation of its shares, the Trust employs a daily valuation method based on the price of bitcoin as reflected by a specially constructed index. This index aggregates executed trade flow data from major bitcoin spot exchanges, ensuring that the valuation of Trust shares is grounded in comprehensive market activity. This method allows shareholders to understand and anticipate changes in their investment value in real-time, tracing the market movements of bitcoin closely.
Contact Information
