The "BTC ETF Premium Indicator" (BEPI) is a sophisticated tool designed for investors and traders who seek to analyze the performance of Bitcoin ETFs relative to the actual market price of Bitcoin. This indicator provides a comprehensive visualization of the premium or discount at which each ETF is trading compared to its Net Asset Value (NAV).
Functionality:
ETF Selection: Users can toggle the visibility of individual ETFs to customize their view, focusing on the ETFs most relevant to their trading or analysis strategies.
Premium Computation: BEPI calculates the premium of each selected ETF by comparing its market share price to its NAV, expressed as a percentage. A positive percentage indicates a premium, while a negative percentage suggests a discount.
Aggregate View: The indicator can plot an average premium based on the selection, providing a consolidated perspective of the overall market sentiment across the chosen ETFs.
Customizable Display: With the option to display only the average or individual ETF premiums, the BEPI offers flexibility in data presentation, ensuring that users can quickly glean the insights that matter most to them.
Visual Clarity: Premiums are visualized with color-coded columns, making it easy to distinguish between ETFs performing above or below their NAV. A zero baseline is included for reference, indicating no premium or discount.
Dynamic Labels: For real-time analysis, dynamic labels present the latest premium values for each ETF, ensuring users have up-to-date information at their fingertips.
Currently, BEPI supports Blackrock, ARK 21Shares, and Valkyrie ETFs, reflecting the most active segments of the market. As the landscape of Bitcoin ETFs evolves, there are plans to expand the indicator's capabilities to include a broader range of ETFs, enhancing its utility for a wider audience.
Whether you're looking for arbitrage opportunities, assessing ETF performance, or simply keeping an eye on the market, BEPI is the go-to indicator for a clear and concise overview of Bitcoin ETF premiums.
Notas de prensa
The IBIT premium should now be available! (Atleast on the daily timeframe)
Notas de prensa
BTC ETF Premium Indicator V2 (BEPI)
BEPI V2 brings a suite of advanced features and optimizations to your Bitcoin ETF analysis, elevating your experience with new functionalities and user-focused enhancements.
What's New in BEPI V2:
Advanced Display Mode: Dive deeper into ETF data with the 'Advanced Display' mode. This feature unveils the market share and NAV (Net Asset Value) for each ETF independently, offering a more granular view of the market.
Normalized Total Volume: In the advanced display, you now have the option to view the normalized total volume across your selected ETFs. This addition provides a comprehensive understanding of market activity, tailored to your specific ETF interests.
Customizable ETF Colors: Personalization takes a leap forward in V2. Each ETF now features a universal color setting, allowing you to modify the color scheme to your liking and enhance visual clarity according to your preferences.
Refined Style Titles: I've updated the style titles to be more descriptive and intuitive. Now, you can easily understand which lines or components of the indicator you're customizing, ensuring a smoother user experience.
Enhanced Data Accuracy: V2 addresses and corrects previous data display bugs. You can trust the indicator for even more accurate and reliable data representation, ensuring your analysis is based on precise and up-to-date information.
If you have any suggestions or ideas for further enhancements, please share them in the comments.
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