Key stats
About Coinshares Valkyrie Bitcoin Fund
Home page
Inception date
Jan 10, 2024
Structure
Grantor Trust
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Valkyrie Funds LLC
BRRR aims to track the spot price of Bitcoin (BTC), less liabilities and expenses. It intends to provide investors with a cost-effective and convenient way to invest in Bitcoin. The fund owns Bitcoin directly and holds it in a cold storage wallet, which is a safeguarding method wherein the private keys providing access to the funds Bitcoins are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily based on the CME CF Bitcoin Reference Rate - New York Variant. This serves as a once-a-day benchmark rate of Bitcoins USD price, calculated as of 4:00 pm ET. The index aggregates the trade flow of several Bitcoin platforms during an observation window, focusing on relevant transactions, as defined by the index provider. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BRRR assets under management is 629.17 M USD. It's fallen 4.17% over the last month.
BRRR fund flows account for −243.19 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, BRRR doesn't pay dividends to its holders.
BRRR shares are issued by Coinshares International Ltd. under the brand CoinShares. The ETF was launched on Jan 10, 2024, and its management style is Passive.
BRRR expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
BRRR follows the CME CF Bitcoin Reference Rate - New York Variant - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BRRR price has fallen by −1.82% over the last month, and its yearly performance shows a 73.38% increase. See more dynamics on BRRR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.93% over the last month, have fallen by −1.93% over the last month, showed a 27.62% increase in three-month performance and has increased by 13.88% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.93% over the last month, have fallen by −1.93% over the last month, showed a 27.62% increase in three-month performance and has increased by 13.88% in a year.
BRRR trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.