(BNXG) Invesco CoinShares Global - Ratings and Ratios

The Invesco CoinShares Global Blockchain UCITS ETF Acc (XETRA: BNXG) is a sector equity technology ETF designed to provide exposure to companies involved in the blockchain ecosystem. The fund tracks the Morningstar Global Tech TME NR USD Index, targeting firms engaged in blockchain technology development, digital asset management, and related financial services. It is listed on XETRA, the primary trading venue for ETFs in Germany, and is structured as a UCITS-compliant ETF, adhering to European regulatory standards for investment funds.

From a technical perspective, BNXG has shown moderate trading activity with an average 20-day volume of 3,130 shares. Its last price of 87.88 EUR reflects current market sentiment. The ETFs short-term trend, indicated by the 20-day SMA of 80.96, suggests recent upward momentum. The 50-day SMA of 86.81 aligns closely with its current price, signaling potential consolidation. The 200-day SMA of 93.62, however, indicates that the ETF may be in a longer-term downtrend. The ATR of 3.34 highlights moderate volatility, with price swings averaging 3.34 EUR over the past 20 days.

Fundamentally, the ETF has amassed significant assets under management (AUM) of 708.38 million EUR, underscoring investor interest in blockchain-related equities. This level of AUM suggests a relatively stable and diversified portfolio, with exposure to a broad range of companies benefiting from blockchain innovation across technology, financial services, and other sectors.