Index/Participation Certificate Long Bitcoin Future

BidEUR 57.000
Apr 26, 2024 17:59:59.488 UTC
AskEUR 57.060
Apr 26, 2024 17:59:59.488 UTC
chg. 1D-0.445 (-0.77%)
Apr 26, 2024 17:59:59.488 UTC
Underlying price (indicative) 64,337.38 (-0.63%)
Apr 26, 2024 20:00:05.000 UTC

Name
Index/Participation Certificate on Bitcoin Future
ISIN / WKN
AT0000A38M78 / RC1B0F
Underlying
Underlying price (indicative)
USD 64,337.38 (-0.63%)
Apr 26, 2024 20:00:05.000
Starting value
USD 42,280.00
Tradeable unit/nominal value
1 unit
About the term

Initial valuation date
Dec 04, 2023
Issue date
Dec 05, 2023
Final valuation date
-
Maturity date
open-end

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Index/Participation Certificate (1300)
Index/Participation Certificate Type
Participation Certificate Long
Underlying
Country / region of underlying
-
Suited market expectation
bullish
Issue price
39.10 EUR
Spread homogenised
63.46
Spread (in %)
0.11%
Multiplier
0.00095
Product currency
EUR
Underlying currency
USD
Currency hedged (quanto)
no
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Slovakia, Croatia, Slovenia
Listing
Vienna, Stuttgart
Description

With this certificate, investors participate in the performance of the CME Bitcoin Futures.
The CME Group is the largest futures exchange in the world. The CME Bitcoin Future is based on the CME CF Bitcoin reference price (USD), which is calculated daily on the basis of the most important Bitcoin spot exchanges.
The certificate is based on the next futures contract due. Every month, 5 trading days before this futures contract matures, it is rolled into the next contract and the subscription ratio is adjusted so that the price of the certificate does not change solely due to the change in the futures contract. However, due to the change in the reference ratio, the certificate refers to fewer ("contango") or more ("backwardation") units of the underlying after the rolling process. As the certificate is quoted in EUR and the underlying in USD, there is an exchange rate risk.

Further information on the underlying can be found on the CME Group details page: Bitcoin Futures Quotes - CME Group

The CME Group also offers background information in German: What are Bitcoin Futures? (cmegroup.com)

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com