(21BC) 21Shares Bitcoin Core ETP - Ratings and Ratios

The 21Shares Bitcoin Core ETP EUR (XETRA:21BC) is a digital asset ETF originating from Germany, providing investors with exposure to Bitcoin. As an ETP (Exchange-Traded Product), it is listed on the XETRA exchange, allowing for diversified investment in the cryptocurrency market.

With an Assets Under Management (AUM) of 308.98M EUR, the fund has a substantial presence in the market. To evaluate its performance, we can look at key metrics such as the 52-week high and low, which are 24.33 and 11.66, respectively. This indicates a significant price fluctuation over the past year, highlighting the volatility associated with Bitcoin investments.

From a technical analysis perspective, the current price of 22.21 is above its 20-day and 50-day Simple Moving Averages (SMA20 and SMA50), indicating a short-term uptrend. The Average True Range (ATR) of 0.37, representing 1.67% of the current price, suggests relatively moderate volatility. To further assess the investment potential, we can examine the funds tracking performance, fees, and rebalancing strategy.

To provide a more comprehensive evaluation, additional KPIs such as the expense ratio, trading volume, and correlation with Bitcoins price can be considered. A lower expense ratio would indicate lower costs for investors, while a higher trading volume would suggest greater liquidity. A strong correlation with Bitcoins price would imply that the ETP is effectively tracking the underlying asset.