(CRPT) First Trust SkyBridge - Ratings and Ratios

The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an exchange-traded fund (ETF) that focuses on the digital assets category, providing investors with exposure to the crypto industry and digital economy. As a USA-originated ETF, it is listed on the NYSE ARCA exchange.

The funds investment strategy is centered around the growing digital economy, which encompasses various sectors such as cryptocurrency, blockchain technology, and other digital assets. The ETFs performance is likely influenced by key economic drivers, including the adoption rate of cryptocurrencies, advancements in blockchain technology, and regulatory developments affecting the digital asset space.

To evaluate the funds performance, relevant KPIs could include its tracking error relative to its benchmark, expense ratio, and trading volume. The funds assets under management (AUM) stand at $143.63 million, indicating a moderate level of investor interest. As the digital economy continues to evolve, the ETFs AUM is likely to be influenced by factors such as investor sentiment, market volatility, and the overall performance of the underlying assets.

From a trading perspective, the ETFs liquidity, as measured by its average trading volume of 83,500 shares, appears to be sufficient to support moderate trading activity. The funds price movements can be analyzed in the context of its historical volatility, with a 3.85% average true range (ATR) indicating relatively moderate price fluctuations.

To further assess the ETFs potential, it is essential to examine its underlying holdings, sector allocation, and the overall composition of its portfolio. This information can help investors understand the funds risk profile, potential areas of growth, and how it may be impacted by various market and economic factors.