(CSDA) CoinShares Physical Staked - Ratings and Ratios

CoinShares Physical Staked Cardano EUR (XETRA:CSDA) is a digital asset ETF listed on the XETRA exchange in Germany. It provides exposure to Cardanos native cryptocurrency, ADA, with a focus on staking rewards. The fund is designed to offer investors a secure and regulated way to participate in the Cardano ecosystem while earning staking rewards. The ETF holds ADA tokens in a secure custody solution, ensuring the safety of investors assets. The inclusion of staking rewards adds a revenue-generating component, making it attractive for investors seeking passive income in the digital asset space.

From a technical perspective, CSDA has shown a declining trend over the past 50 days, with the SMA 50 at 0.81 and SMA 20 at 0.76, both above the SMA 200 at 0.61. This indicates potential support at higher levels. The average trading volume over the past 20 days is 224,925, reflecting moderate liquidity. The last price of 0.69 suggests a discount to the SMA 20 and SMA 50 levels. The ATR of 0.07 indicates low volatility, making it a relatively stable investment compared to other digital asset ETFs.

Fundamentally, CSDA has an AUM of 26.64M EUR, demonstrating investor interest in staked Cardano exposure. The funds structure allows for continuous staking rewards, enhancing its yield potential compared to traditional ADA holdings. The AUM size also reflects the ETFs liquidity and market presence in the digital asset category.

3-Month Forecast: Based on the current technical and fundamental data, CSDA is expected to trade within a narrow range, with potential upside driven by increased adoption of Cardanos ecosystem and staking rewards. The SMA 200 at 0.61 provides a key support level, while the SMA 50 at 0.81 could act as resistance. With an ATR of 0.07, volatility is expected to remain low, making CSDA a stable choice for investors seeking staked Cardano exposure. The AUM of 26.64M EUR suggests sustained investor interest, potentially supporting the ETFs price stability.