(BNXG) CoinShares Global - Overview

Exchange: XETRA • Country: Germany • Currency: EUR • Type: Etf • ISIN: IE00BGBN6P67

Etf: Blockchain, Technology, UCITS, ETF, Acc

Total Rating 35
Risk 58
Buy Signal 0.10
Risk 5d forecast
Volatility 36.4%
Relative Tail Risk 1.46%
Reward TTM
Sharpe Ratio 0.42
Alpha 3.57
Character TTM
Beta 0.546
Beta Downside 0.639
Drawdowns 3y
Max DD 38.54%
CAGR/Max DD 0.75

Description: BNXG CoinShares Global December 25, 2025

The Invesco CoinShares Global Blockchain UCITS ETF Acc (XETRA: BNXG) tracks the Morningstar Global Technology Non-Revenue USD Index, giving investors exposure to listed companies that are directly involved in blockchain technology and related services.

Key facts: the fund is domiciled in Germany, classified as a sector-equity technology ETF, and trades under the ticker BNXG. As of the latest reporting, its expense ratio sits at roughly 0.70 % p.a., and total assets under management are about €350 million, reflecting growing institutional interest in the nascent blockchain ecosystem.

From a driver perspective, the ETF’s performance is closely tied to two macro-level variables: (1) the price trajectory of major cryptocurrencies (especially Bitcoin and Ethereum), which influences corporate earnings for blockchain infrastructure firms, and (2) regulatory developments in the EU and U.S. that affect the adoption of distributed-ledger technologies across finance, supply-chain, and gaming sectors.

Recent KPI highlights include a year-to-date return of roughly +12 % and an average dividend yield of 0.3 %, while the top five holdings-such as a leading crypto-mining hardware producer and a major digital-asset exchange-collectively represent about 30 % of the portfolio.

For a deeper, data-driven look at how BNXG’s risk-return profile stacks up against comparable blockchain funds, you might explore the analytics on ValueRay.

What is the price of BNXG shares?

As of February 09, 2026, the stock is trading at EUR 126.40 with a total of 12,428 shares traded.
Over the past week, the price has changed by -7.60%, over one month by -10.61%, over three months by -15.64% and over the past year by +13.55%.

Is BNXG a buy, sell or hold?

CoinShares Global has no consensus analysts rating.

What are the forecasts/targets for the BNXG price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 137.2 8.6%

BNXG Fundamental Data Overview February 03, 2026

Market Cap USD = 837.8m (708.4m EUR * 1.1827 EUR.USD)
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 708.4m EUR (708.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 708.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 708.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 25.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.93% (E(708.4m)/V(708.4m) * Re(7.93%) + (debt-free company))
Discount Rate = 7.93% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for BNXG ETF

Fund Manager Positions: Dataroma | Stockcircle