I've been hearing a lot about NAV in the crypto world, but I'm not sure what it stands for. Can someone explain what NAV means in the context of cryptocurrency?
7 answers
Valentino
Fri Nov 01 2024
The calculation of NAV is a crucial aspect of fund management.
Alessandra
Fri Nov 01 2024
It involves determining the total assets of the fund.
PearlWhisper
Fri Nov 01 2024
Liabilities associated with the fund are then subtracted from these assets.
DigitalLegend
Fri Nov 01 2024
This process results in the fund's net assets.
DigitalDuke
Fri Nov 01 2024
Net Asset Value (NAV) represents the price per share of a mutual fund or an exchange-traded fund (ETF).