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How is the 30-day yield calculated for cryptocurrency ETFs?

avatarBruun CooleyDec 26, 2021 · 3 years ago3 answers

Can you explain the process of calculating the 30-day yield for cryptocurrency ETFs in detail?

How is the 30-day yield calculated for cryptocurrency ETFs?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The 30-day yield for cryptocurrency ETFs is calculated by taking the average daily yield over a 30-day period. This is done by summing up the daily yields for each day in the period and dividing it by 30. The daily yield is calculated by taking the difference between the net asset value (NAV) at the beginning and end of the day, and dividing it by the NAV at the beginning of the day. This gives you the daily percentage change in the NAV, which is then annualized by multiplying it by 365. The resulting annualized yield is then divided by 365 to get the 30-day yield. It's important to note that the NAV includes both the price changes of the underlying cryptocurrencies and any dividends or interest earned by the ETF.
  • avatarDec 26, 2021 · 3 years ago
    Calculating the 30-day yield for cryptocurrency ETFs is a complex process that involves taking into account the daily changes in the net asset value (NAV) of the ETF. The NAV is calculated by valuing the underlying cryptocurrencies and any other assets held by the ETF. The daily yield is then calculated by comparing the NAV at the beginning and end of each day. This yield is then annualized and divided by 365 to get the 30-day yield. It's important to note that the 30-day yield is just one measure of the performance of a cryptocurrency ETF and should not be the sole factor in making investment decisions.
  • avatarDec 26, 2021 · 3 years ago
    The 30-day yield for cryptocurrency ETFs is calculated by taking into account the daily changes in the net asset value (NAV) of the ETF. The NAV is calculated by valuing the underlying cryptocurrencies and any other assets held by the ETF. The daily yield is then calculated by comparing the NAV at the beginning and end of each day. This yield is then annualized and divided by 365 to get the 30-day yield. It's important to note that the 30-day yield is just one measure of the performance of a cryptocurrency ETF and should not be the sole factor in making investment decisions. If you're interested in investing in cryptocurrency ETFs, you may want to consider factors such as the fund's expense ratio, diversification, and historical performance.