Amun Bitcoin 3x Daily Long is an exchange-traded product that tracks the Bitcoin price three times a day. It is denominated in US dollars and listed on the NAsdaqOMX Stockholm Stock Exchange.
The product was launched on 5 December 2017 and is the first of its kind in Europe. It has a management fee of 2.
5% and a performance fee of 20%.
The product is designed for investors who want exposure to the Bitcoin price with the convenience of a traditional investment product. It is also suitable for investors who want to hedge their portfolios against Bitcoin price volatility.
Investing in cryptocurrencies, including Bitcoin, is a high risk activity. You should only invest money that you are prepared to lose. You should not invest money you need for important daily living expenses.
There is no guarantee of a return on investment with “What Is Amun Bitcoin 3x Daily Long?” or any other cryptocurrency or blockchain-related products. Any returns are not guaranteed, and the value of any investments may go up or down. The market for cryptocurrencies can be volatile and unpredictable and may result in significant losses.
You should do independent research and seek professional financial advice before making any investment decisions related to “What Is Amun Bitcoin 3x Daily Long?”.
The Amun Bitcoin 3x Daily Long ETP is traded in the same way as any other equity on the NAsdaqOMX Stockholm Stock Exchange. It can be bought and sold through any broker that offers access to the exchange.
The product is denominated in US dollars and tracks the Bitcoin price three times a day. The aim is to provide investors with exposure to the Bitcoin price with the convenience of a traditional investment product.
The management fee is 2.5% and there is a performance fee of 20%.