Ask, Spot & Bid Prices

The ask, spot and bid prices are selectable via radio buttons in the footer of the bitFORTUNE ETH Asset Statistics Table. Once a radio button is selected the USD/BFETH and BTC/BFETH prices will be updated to the selected price in the next real time update. The real time update may be acknowledged by noticing the price time stamp update in the footer of the bitFORTUNE ETH Asset Statistics Table.

The ask price is the price maintained by the administrative account that represents the lowest price the administrative account is willing to sell bitFORTUNE ETH tokens for as described by the definition of the derivative. The ask price is calculated from the net asset value as described by the definition of the derivative.

The spot price is the price of bitFORTUNE ETH tokens calculated by taking the sum of the value of the composition of the derivative divided by the circulating supply.

The bid price is the price maintained by the administrative account that represents the highest price the administrative account is willing to buy bitFORTUNE ETH tokens as described by the definition of the derivative. The bid price is calculated from the net asset value as described by the definition of the derivative.

Circulating Supply

The Circulating Supply column of the bitFORTUNE ETH Asset Statistics Table is an approximation of the current circulating supply of bitFORTUNE ETH tokens. The Circulating Supply is quoted in BFETH. This value is calculated by taking the number of BFETH tokens issued by the administrative account and subtracting all BFETH tokens held by the administrative account. This difference is the Circulating Supply of BFETH tokens.

The Circulating Supply is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red

7d

The 7d value of the bitFORTUNE ETH Asset Statistics Table displays the approximate price percent change over the past 7 days.

The 7d value is periodically updated automatically. If the value since the last check:

  • has no variance display black
  • increases in value display green
  • decreases in value display red

BTC/BFETH

The BTC/BFETH column of the bitFORTUNE ETH Asset Statistics Table indicates the approximate current price of bitFORTUNE ETH tokens in circulation. The price is quoted in Bitcoin (BTC) per BFETH.

The bitFORTUNE ETH display price in Bitcoin is periodically updated automatically. The update is time stamped and appears just beneath the Cryptocurrency column of the bitFORTUNE ETH Asset Statistics Table. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red

Average Interest

The Average Interest column of the bitFORTUNE ETH Asset Statistics Table is an approximation of the current interest yield of bitFORTUNE ETH tokens. Interest is quoted as annual percent yield (APY). This value is calculated by taking the sum of all interest yielding assets of the composition of the derivative and dividing it by the number of assets in the derivative composition.

Not all bitFORTUNE derivatives yield interest. In this case the APY is designated as 0% APY. Also, bitFORTUNE derivatives that yield interest do not necessarily have all assets comprising the composition of the derivative yielding interest.

The Average Interest is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
  • yields 0% APY display gray

Market Cap

The Market Cap column of the bitFORTUNE ETH Asset Statistics Table is an approximation of the current Market Capitalization of bitFORTUNE ETH tokens. The Market Cap is quoted in USD. This value is calculated by taking the number of BFETH tokens in circulation and multiplying that value times the price of BFETH tokens.

The Market Cap is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red

24h

The 24h value of the bitFORTUNE ETH Asset Statistics Table displays the price percent change over the last 24 hours.

The 24h value is periodically updated automatically. If the value since the last check:

  • has no variance display black
  • increases in value display green
  • decreases in value display red

USD/BFETH

The USD/BFETH column of the bitFORTUNE ETH Asset Statistics Table indicates the approximate current price of bitFORTUNE ETH tokens in circulation. The price is quoted in USD per BFETH.

The net asset value of bitFORTUNE ETH tokens may be calculated by taking the sum of the value of the composition of the derivative divided by the circulating supply. The bitFORTUNE ETH display price is plotted in the bitFORTUNE ETH Price Chart.

The bitFORTUNE ETH display price is periodically updated automatically. The update is time stamped and appears just beneath the display price. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red

Cryptocurrency

The Cryptocurrency column of the bitFORTUNE ETH Asset Statistics Table displays the bitFORTUNE ETH logo followed by the name of the asset, that is bitFORTUNE ETH and beneath that is the symbol for bitFORTUNE ETH, that is BFETH. The bitFORTUNE ETH name in the Cryptocurrency column is hyperlinked to the bitFORTUNE ETH exchange. Real time updates in the bitFORTUNE ETH Asset Statistics Table is time stamped and appears just beneath the Cryptocurrency column.