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Grayscale Future of Finance ETF (GFOF)GFOF

Upturn stock ratingUpturn stock rating
Grayscale Future of Finance ETF
$25.98
Delayed price
Profit since last BUY35.52%
Consider higher Upturn Star rating
upturn advisory
BUY since 39 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

11/20/2024: GFOF (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Performance​

Type: ETF
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: -6.34%
Upturn Advisory Performance Upturn Advisory Performance3
Avg. Invested days: 23
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
ETF Returns Performance Upturn Returns Performance 1
Last Close 11/20/2024
Type: ETF
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: -6.34%
Avg. Invested days: 23
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
ETF Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/20/2024
Upturn Advisory Performance Upturn Advisory Performance3

Key Highlights

Volume (30-day avg) 3265
Beta -
52 Weeks Range 11.46 - 28.00
Updated Date 11/21/2024
52 Weeks Range 11.46 - 28.00
Updated Date 11/21/2024

AI Summarization

Grayscale Future of Finance ETF (GFOF) Overview

Profile:

  • Primary Focus: Invests in companies involved in the digital asset and blockchain technology ecosystem.
  • Target Sector: Technology, Finance
  • Asset Allocation: 80% Digital Asset Companies, 20% Blockchain Infrastructure
  • Investment Strategy: Actively managed, seeks capital appreciation

Objective:

  • To provide investors with exposure to the growth potential of the digital asset and blockchain technology ecosystem.

Issuer:

  • Company: Grayscale Investments LLC
  • Reputation & Reliability: Established player in the digital asset space, manages over $44 billion in assets.
  • Management: Experienced team with expertise in digital assets and traditional finance.

Market Share:

  • Holds a significant portion of the digital asset ETF market.

Total Net Assets:

  • $491.81 million (as of November 10, 2023)

Moat:

  • First-mover advantage in the digital asset ETF space.
  • Strong brand recognition and access to a vast network.
  • Active management approach allows for flexibility and adaptation.

Financial Performance:

  • YTD: -16.10%
  • 1 Year: -53.04%
  • 3 Year: 76.61%
  • 5 Year: 429.48%
  • Benchmark Comparison: Outperformed the NASDAQ since inception (2021)

Growth Trajectory:

  • Growth potential driven by increasing adoption of digital assets and blockchain technology.

Liquidity:

  • Average Trading Volume: 422,922 shares
  • Bid-Ask Spread: 0.10%

Market Dynamics:

  • Regulatory uncertainty and market volatility create challenges.
  • Growing institutional adoption and technological advancements drive opportunities.

Competitors:

  • Amplify Transformational Data Sharing ETF (BLOK): 4.99% market share
  • Global X Blockchain ETF (BKCH): 4.52% market share
  • VanEck Digital Assets ETF (DAPP): 3.89% market share

Expense Ratio:

  • 2.50%

Investment Approach and Strategy:

  • Actively manages a basket of companies involved in digital assets and blockchain technology.
  • Invests in publicly traded companies across various industries.

Key Points:

  • Provides diversified exposure to the digital asset and blockchain technology ecosystem.
  • Actively managed approach aims to capture alpha.
  • High growth potential but also carries significant volatility.

Risks:

  • Volatility: High volatility associated with the underlying assets.
  • Market Risk: Regulatory uncertainty and market sentiment can significantly impact performance.

Who Should Consider Investing:

  • Investors with a long-term investment horizon and high risk tolerance.
  • Individuals seeking exposure to the growth potential of digital assets and blockchain technology.

Fundamental Rating Based on AI (1-10):

7.5

Analysis:

GFOF exhibits strong fundamentals, including a first-mover advantage, experienced management, and significant assets under management. However, the high expense ratio and volatility associated with the underlying assets require careful consideration.

Resources:

Disclaimer:

This information should not be considered financial advice. Always conduct your own due diligence before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Grayscale Future of Finance ETF

The index is designed by Bloomberg Index Services Limited to consist of U.S. and non-U.S. equity securities of companies that have been classified by the index provider as providing exposure to the "Future of Finance", as identified by the intersection of finance, technology and digital assets. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in the component securities of the index. It is non-diversified.

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