(BTCE) BTCetc - Bitcoin Exchange - Overview
Etf: Bitcoin, Exchange, Traded, Crypto, Certificate, Germany
| Risk 5d forecast | |
|---|---|
| Volatility | 49.0% |
| Relative Tail Risk | -6.63% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.05 |
| Alpha | -48.97 |
| Character TTM | |
|---|---|
| Beta | 0.500 |
| Beta Downside | 0.425 |
| Drawdowns 3y | |
|---|---|
| Max DD | 46.41% |
| CAGR/Max DD | 0.76 |
Description: BTCE BTCetc - Bitcoin Exchange December 31, 2025
BTCE is a Germany-based exchange-traded fund (ETF) that tracks the performance of Bitcoin, trading under the ticker BTCE on XETRA. It falls under the “Digital Assets” ETF category, offering investors a regulated, custodial-protected way to gain exposure to Bitcoin without holding the cryptocurrency directly.
Key metrics to watch include its net asset value (NAV) per share, which currently sits around €30 (≈ $32) and tracks Bitcoin’s price with a typical tracking error of < 0.5 % over a 30-day window. The fund’s expense ratio is 0.75 % annually, higher than traditional equity ETFs but competitive within the crypto-ETF space. Liquidity is driven by both the underlying Bitcoin market (average daily volume > $30 bn) and the ETF’s own average daily traded volume of roughly 150,000 shares, which helps keep bid-ask spreads tight.
Investors should monitor macro-level drivers such as global regulatory developments (e.g., U.S. SEC rulings on crypto products) and macro-economic factors like inflation expectations, which influence Bitcoin’s risk-on appeal. Additionally, the European Union’s MiCA framework, slated for implementation in 2025, could affect custody standards and cross-border fund distribution, potentially impacting BTCE’s investor base.
For a deeper dive into BTCE’s risk profile and valuation relative to peer crypto-ETFs, you might find ValueRay’s analytical tools useful.
What is the price of BTCE shares?
Over the past week, the price has changed by -15.88%, over one month by -25.86%, over three months by -33.24% and over the past year by -38.11%.
Is BTCE a buy, sell or hold?
What are the forecasts/targets for the BTCE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 56.2 | 6.9% |
BTCE Fundamental Data Overview February 03, 2026
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 951.8m EUR (951.8m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 951.8m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 951.8m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 25.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.76% (E(951.8m)/V(951.8m) * Re(7.76%) + (debt-free company))
Discount Rate = 7.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)