BITS ETF Report: Ratings, Analysis, Quotes, Holdings

Popular BITS Comparisons: BITS vs AOR, BITS vs AOM, BITS vs AOA, BITS vs HNDL, BITS vs AOK

Find more ETFs with our ETF Screener and Database

*Unless otherwise stated, data provided by FactSet.

BITS Fund Description

BITS is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures.

BITS Factset Analytics Insight

BITS pursues its objective by investing in a mix of equity securities of blockchain companies and long positions on US-listed bitcoin futures. Blockchain companies include those involved in crypto mining, blockchain and digital asset, transactions, applications, hardware and integration, and may include those with direct ownership of digital assets. Such exposure could be obtained directly or indirectly through ETFs, especially those of Global X, while exposure to bitcoin futures is obtained through its wholly-owned Cayman Islands subsidiary which made up roughly 25% of the portfolio. Allocation to these two assets is determined by a variety of criteria. For example, greater exposure could be placed on bitcoin futures during periods of low anticipated cost of carry. Conversely, greater exposure to equities during periods where valuation measures present attractive relative value based on forward price-to-earnings or price-to-sales ratios.

PERFORMANCE [as of 01/14/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

BITS -11.09% -- -7.00% -- -- -- --

BITS (NAV) -11.06% -- -6.77% -- -- -- --

No Underlying Index -- -- -- -- -- -- --

N/A -- -- -- -- -- -- --

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BITS Summary Data

Mirae Asset Global Investments Co., Ltd.

Global X

11/15/21

Open-Ended Fund

0.65%

$7.90M

0.44%

N/A

Fund Home Page

BITS Portfolio Data

N/A

BITS Index Data

No Underlying Index

Proprietary

N/A

BITS Fund Structure

-- / --

N/A

Low

N/A

Leverage Reset Frequency N/A

BITS Tax Exposures

20.00% / 39.60%

BITS Factset Analytics Block Liquidity

As of 01/18/22

This measurement shows how easy it is to trade a $1 million USD block of BITS. BITS is rated a N/A out of 5.

BITS Tradability

14,770

$320.85K

11,977

$283.03K

0.44%

$0.10

0.08%

0.71% / -84.69%

None

10,000

1.20

$18.17

N/A

Options Strategies for Outcome Investing

Collar Strategy
Protection Strategy
Covered Call Strategy
Income Strategy

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.

The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.

ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.

[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Data provider:
Terms of Use

BITS