(CBUT) Blockchain Technology USD - Overview

Exchange: XETRA • Country: Germany • Currency: EUR • Type: Etf • ISIN: IE000RDRMSD1

Etf: Blockchain, Tech, Equity, ETF, UCITS

Total Rating 10
Risk 61
Buy Signal -0.18
Risk 5d forecast
Volatility 56.5%
Relative Tail Risk 1.01%
Reward TTM
Sharpe Ratio 0.16
Alpha -14.14
Character TTM
Beta 0.754
Beta Downside 0.833
Drawdowns 3y
Max DD 53.95%
CAGR/Max DD 0.67

Description: CBUT Blockchain Technology USD January 02, 2026

The iShares Blockchain Technology UCITS ETF (ticker CBUT) is a Germany-domiciled, sector-focused equity ETF that tracks the Morningstar Global Technology Non-Revenue USD Index, providing exposure to companies actively involved in blockchain development and related services.

Key metrics as of early 2026 include an expense ratio of 0.68% and assets under management of roughly €350 million. The fund’s top holdings are dominated by firms such as Nvidia, Square (Block), and IBM, which together account for about 30% of net assets. A primary driver of performance is the accelerating corporate adoption of distributed-ledger solutions, especially in supply-chain finance and decentralized finance (DeFi), while regulatory clarity in the EU and U.S. continues to shape capital flows into the sector.

For a deeper, data-driven assessment of CBUT’s risk-adjusted returns and scenario analysis, consider reviewing the fund’s profile on ValueRay.

What is the price of CBUT shares?

As of February 09, 2026, the stock is trading at EUR 12.15 with a total of 96,775 shares traded.
Over the past week, the price has changed by -10.28%, over one month by -17.56%, over three months by -30.35% and over the past year by -2.25%.

Is CBUT a buy, sell or hold?

Blockchain Technology USD has no consensus analysts rating.

What are the forecasts/targets for the CBUT price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 14.2 17%

CBUT Fundamental Data Overview February 03, 2026

Market Cap USD = 288.7m (244.1m EUR * 1.1827 EUR.USD)
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 = 244.1m EUR (244.1m + (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 244.1m)
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 244.1m / 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 = 8.69% (E(244.1m)/V(244.1m) * Re(8.69%) + (debt-free company))
Discount Rate = 8.69% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for CBUT ETF

Fund Manager Positions: Dataroma | Stockcircle