What is BITO expense ratio?

The total net assets of the investment product stand at $1.752 billion, showcasing its substantial financial backing and potential for growth. This figure represents the net worth of the fund, excluding any liabilities, and gives an indication of its overall financial health.

The net expense ratio of 0.95% underscores the cost-effectiveness of the investment product. This figure represents the annual fees charged by the fund managers, which are relatively low compared to some other investment options. A lower expense ratio can translate into higher returns for investors over time.

BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services to cater to the diverse needs of investors in the digital asset space. Among its offerings are spot trading, which allows for the direct purchase and sale of cryptocurrencies at current market prices, and futures trading, which enables investors to speculate on the future price movements of various digital assets.

The key financial data of the investment product under review reveals an opening price of $19.18, indicating a starting point for potential investors. This figure serves as a benchmark for assessing the performance of the product over time.

The number of shares outstanding amounts to 99.51 million, highlighting the scale and liquidity of the product. A large number of shares available for trading can facilitate smoother transactions and potentially attract a wider range of investors.