$BRRR Bitcoin Spot ETF Performance After Jan 11 Debut- Selloff to start the trading day
- Potential reversal forming around $13.25 with wicks below
- Low trading volume = Only $508k and counting
Key stats
About Coinshares Valkyrie Bitcoin Fund
Home page
Inception date
Jan 10, 2024
BRRR aims to track the spot price of Bitcoin (BTC), less liabilities and expenses. It intends to provide investors with a cost-effective and convenient way to invest in Bitcoin. The fund owns Bitcoin directly and holds it in a cold storage wallet, which is a safeguarding method wherein the private keys providing access to the funds Bitcoins are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily based on the CME CF Bitcoin Reference Rate - New York Variant. This serves as a once-a-day benchmark rate of Bitcoins USD price, calculated as of 4:00 pm ET. The index aggregates the trade flow of several Bitcoin platforms during an observation window, focusing on relevant transactions, as defined by the index provider. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Displays a symbol's price movements over previous years to identify recurring trends.
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