Valour Short Bitcoin SEK

Valour Short Bitcoin (SBTC) is an exchange-traded product that inversely mirrors the movements of Bitcoin's price. It serves as an inverse tracker, catering to investors seeking to capitalize on or hedge against a decrease in the value of the Bitcoin. Designed for experienced investors aiming to leverage daily market fluctuations, Valour Bitcoin Short offers strategic exposures and a convenient means to make timely portfolio adjustments.

Net Asset value
As of November 12th 2024, 5:59:41 pm UTC
Prices are delayed
Available on the following brokers
Product Overview
As of November 12th 2024, 5:59:41 pm UTC
Description

Valour Short Bitcoin (SBTC) is an exchange-traded product that inversely mirrors the movements of Bitcoin's price. It serves as an inverse tracker, catering to investors seeking to capitalize on or hedge against a decrease in the value of the Bitcoin. Designed for experienced investors aiming to leverage daily market fluctuations, Valour Bitcoin Short offers strategic exposures and a convenient means to make timely portfolio adjustments.

Price Performance
Key Details
  • Product Name
    Valour Short Bitcoin SEK
  • Issuer
    Valour Inc.
  • Base Currency
    SEK
  • Management Fee
    2.5%
  • Borrowing Cost
    8%
  • ISIN
    CH1149139649
  • Valoren
    114913964
  • WKN
    A4AFMG
  • Expiry Date
    Open-ended
Exchange Listings
Name
Ticker
Market Maker
Apr 16, 2024
Valour Short Bitcoin (SBTC) SEK
Brokerage Listings
Underlying Asset
Bitcoin
Bitcoin (BTC)
  • Average Price
    USD
  • Exchange Rate
    SEK
  • Multiplier
    ×
  • ETP Price
    SEK
FAQs
Who is the intended investor?

The Valour Short Bitcoin ETP is intended for experienced investors, who aim to capitalize on short-term fluctuations in the underlying asset's price. This product is not designed for meeting a longterm bearish view on Bitcoin's price, due to the effect of the borrowing cost on its performance.

What is a suitable time horizon for investing in a short ETP?

Due to the relatively high borrowing cost, it is not recommended to hold the product for longer time horizons. Suitable holding periods are short term, where the impact of the borrowing cost is low.

What is the borrowing cost?

In order to hedge its position, the issuer will borrow the relevant, corresponding digital asset on a 1:1 basis and sell the asset short. When lending Bitcoin, a yearly borrowing cost of 8% is applicable. This cost is subject to the lending market price, and fluctuates in a similar way that flexible interest rates seen in housing loans or savings accounts fluctuates.*The current borrowing cost stands at 8%.

How does Valour short the underlying asset?

In order to hedge its exposure to the underlying digital asset originating from the sale of the certificates, the issuer will borrow the relevant, corresponding digital asset on a 1:1 basis and sell the asset short. Borrowing Bitcoins will induce a borrowing cost.

What are the risks associated with short ETPs?

Short ETPs present a high level of risk and are most suitable for experienced investors with a robust risk appetite who are prepared to bear potential losses. Variations in the performance of Short ETPs from the underlying asset can arise due to fees and/or borrowing expenses.For detailed information about the risks, see the "Risk" sections of the base prospectus.

Are there any tracking errors?

The tracking accuracy of Short ETPs may be compromised by various factors, and in the case of Valour Short Bitcoin especially because of the borrowing cost, if the product is held over a long period of time. Consequently, deviations from the desired exposure can occur, impacting investment returns.

Disclaimer: As with any financial strategy, investors should be aware of the risks and limitations involved. The information contained above is not exhaustive and should not be relied upon as the sole basis for making investment decisions. Investors should consult the base prospectus for complete information on the investment product, including its terms, conditions, and risks involved.


Steps to Invest
How to purchase Valour ETPs

Once you've decided which ETPs to purchase, it's easy to invest.

Step 1
Select your preferred brokerage.
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JustTrade
Step 2
Search for your Valour ETP of choice.
Step 2
Step 3
Review your order.
Step 4
Step 4
Track your investments in your account.
Step 4
Why Valour
Enjoy the Valour advantage
Low Fees

Earn more while spending less with our competitive management fees.

Secure

Access the future of finance with the security of regulated listings and licensed offerings.

Simple & Reliable

Trade Bitcoin and other digital assets without a dedicated crypto trading account.

Transparent

Clear, consistent link between price of the ETPs and the underlying asset


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