The Evolve Levered Bitcoin ETF Trust Unit, trading under the ticker TSE:LBIT, is a unique financial instrument designed to cater to investors seeking amplified exposure to the cryptocurrency market. This ETF falls into the category of pair-focused investments, particularly emphasizing a strategic position that is long on Bitcoin (BTC) and short on the U.S. dollar (USD). Operating within the "In Specie" niche, LBIT aims to deliver 1.25 times the daily price movements of Bitcoin against the USD. This is achieved through a sophisticated investment strategy that minimizes tracking errors by investing in a selection of publicly offered investment funds managed by Evolve's experienced management team. LBIT is ideal for those looking to capitalize on the volatile nature of Bitcoin with a leveraged approach, offering an innovative avenue for seasoned investors to potentially enhance their returns in the dynamic cryptocurrency market.
Evolve Levered Bitcoin ETF Trust Unit (LBIT) Fund Flow Chart
Evolve Levered Bitcoin ETF Trust Unit (LBIT) 1 year Net Flows: 0
LBIT ETF FAQ
What was TSE:LBIT’s price range in the past 12 months?
TSE:LBIT lowest ETF price was 19.34 and its highest was 21.25 in the past 12 months.
What is the AUM of TSE:LBIT?
As of Apr 01, 2025 The AUM of TSE:LBIT is 1.04M.
Is TSE:LBIT overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does TSE:LBIT pay dividends?
TSE:LBIT does not currently pay dividends.
How many shares outstanding does TSE:LBIT have?
Currently, no data Available
Which hedge fund is a major shareholder of TSE:LBIT?
Currently, no hedge funds are holding shares in TSE:LBIT