(VBTC) Vectors Bitcoin ETN EUR - Overview
Etf: Bitcoin, Exchange, Traded, Note, Euro
| Risk 5d forecast | |
|---|---|
| Volatility | 49.6% |
| Relative Tail Risk | -6.42% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.03 |
| Alpha | -48.42 |
| Character TTM | |
|---|---|
| Beta | 0.500 |
| Beta Downside | 0.406 |
| Drawdowns 3y | |
|---|---|
| Max DD | 46.06% |
| CAGR/Max DD | 0.80 |
Description: VBTC Vectors Bitcoin ETN EUR December 31, 2025
VanEck Vectors Bitcoin ETN A (ticker VBTC) is a German-registered exchange-traded product that provides exposure to Bitcoin by tracking the price of the cryptocurrency, classifying it under the “Digital Assets” ETF category.
Key metrics to watch include its net asset value (NAV) per share, which typically mirrors Bitcoin’s spot price less a modest fee (around 0.25% p.a. as of Q4 2024), and its daily trading volume on XETRA, which has averaged €15-20 million over the past six months. The product’s performance is heavily driven by Bitcoin’s market dynamics-particularly supply-side factors such as halving cycles and demand-side influences like institutional adoption and macro-risk sentiment.
For a deeper, data-rich perspective on VBTC’s risk-adjusted returns and liquidity profile, you may find ValueRay’s independent analysis worth exploring.
What is the price of VBTC shares?
Over the past week, the price has changed by -11.99%, over one month by -24.10%, over three months by -35.35% and over the past year by -37.95%.
Is VBTC a buy, sell or hold?
What are the forecasts/targets for the VBTC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 33.6 | 7.9% |
VBTC 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 = 544.1m EUR (544.1m + (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 544.1m)
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 544.1m / 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 = 7.76% (E(544.1m)/V(544.1m) * 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)