Bitcoin ETF CAD (EBIT.TO)
32.87
-0.14
(-0.42%)
CAD |
TSX |
Apr 23, 14:41
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.69% | 0.44% | 213.66M | 89966.60 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0% | 127.8% | -5.078M | Upgrade |
Basic Info
| Investment Strategy | |
| EBIT’s investment objective is to provide Unitholders with exposure to the daily price movements of the U.S. dollar price of bitcoin while experiencing minimal tracking error by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure. To achieve its investment objectives, EBIT will invest in long-term holdings of bitcoin, purchased through reputable bitcoin trading platforms (commonly referred to as bitcoin trading platforms) and OTC counterparties, in order to provide investors with a convenient, secure alternative to a direct investment in bitcoin. EBIT will not speculate with regard to short-term changes in bitcoin prices. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Other |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Evolve Funds Group Inc |
| Prospectus Benchmark Index | |
| BRR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 3.12 yrs |
Performance Versus Category
As of April 22, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 22, 2024.
Basic Info
| Investment Strategy | |
| EBIT’s investment objective is to provide Unitholders with exposure to the daily price movements of the U.S. dollar price of bitcoin while experiencing minimal tracking error by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure. To achieve its investment objectives, EBIT will invest in long-term holdings of bitcoin, purchased through reputable bitcoin trading platforms (commonly referred to as bitcoin trading platforms) and OTC counterparties, in order to provide investors with a convenient, secure alternative to a direct investment in bitcoin. EBIT will not speculate with regard to short-term changes in bitcoin prices. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Other |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Evolve Funds Group Inc |
| Prospectus Benchmark Index | |
| BRR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 3.12 yrs |