Spiko EU T-Bills Money Market Fund (EUTBL) Daily Market Analysis

Recent Developments for Spiko EU T-Bills Money Market Fund (EUTBL)

Arbitrum Deployment Announced

Spiko announced the deployment of its U.S. and E.U. T-Bills Money Market Funds on Arbitrum, with the funds having $159M in assets under management to date and emerging as some of the most successful RWA products in recent months, particularly in Europe. The deployment provides an institutional-grade, on-chain cash management solution to the Arbitrum ecosystem, supported by widely accessible products designed to serve as high-quality collateral.

Market Performance and Valuation

EUTBL is currently trading at $1.21 per token, with the price moving +0.37% in the last 24 hours. The circulating supply of EUTBL stands at 307,147,204 tokens with a current market cap of $371,648,117.

Fund Structure and Investment Strategy

EUTBL is a short-term variable net asset value money market fund under EU law and a sub-fund of the Spiko SICAV, investing 100% of its total assets in Treasury Bills issued by investment grade Eurozone Member States, repurchase agreements secured by such securities and cash. The fund maintains an average portfolio maturity under 60 days, with a maximum maturity of any asset held less than 6 months.

Regulatory Compliance

Founded in 2023, Spiko launched the first UCITS-compliant money market funds with tokenized shares in June 2024. Spiko Euro is a Money Market Fund approved by the French Financial Markets Authority (AMF).

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Sources:

1. https://finance.yahoo.com/news/spiko-announces-deployment-spiko-u-140000378.html
2. https://www.kraken.com/prices/spiko-eu-t-bills-money-market-fund
3. https://app.rwa.xyz/assets/EUTBL
4. https://www.spiko.io/spiko-euro

Based on the available data, EUTBL is actually not down today. In the last 24 hours Spiko EU T-Bills Money Market Fund's price moved +0.37%, indicating a modest gain rather than a decline.

The discrepancy you may be observing across different sources reflects varying data reporting times and exchange-specific pricing. The price of Spiko EU T-Bills Money Market Fund has increased by 0.00% in the last hour and increased by 0.00% in the past 24 hours according to Coinbase, while other platforms show minimal movement.

There hasn't been any trading volume in the last 24 hours, and since EUTBL was not traded in the last 24 hours, the price above is a reflection of the last recorded price, which explains the stagnant price action on some exchanges.

The token's stability is consistent with its nature as a short-term variable net asset value money market fund under EU law that invests 100% of its total assets in Treasury Bills issued by investment grade Eurozone Member States, which typically exhibits minimal volatility.

I was unable to find EUTBL in the cryptocurrency/token database. This suggests that EUTBL (Spiko EU T-Bills Money Market Fund) may not be listed as a tradeable cryptocurrency or token on major exchanges tracked by standard crypto market data providers.

EUTBL appears to be a traditional financial instrument—specifically a money market fund focused on European Treasury bills—rather than a cryptocurrency or blockchain-based asset. Money market funds are typically traded through traditional financial platforms, brokerage accounts, and fund management companies rather than cryptocurrency exchanges.

To obtain current market sentiment for EUTBL, you would need to:

1. Check traditional financial platforms such as:

   • Your brokerage account (if you hold the fund)
   • Fund provider websites (Spiko or the fund administrator)
   • Financial news sites covering mutual funds and money market instruments

2. Review fund-specific metrics:

   • Fund performance reports
   • Investor flows data
   • Credit ratings and risk assessments
   • Yield trends relative to benchmark rates

3. Monitor European financial news for sentiment on:

   • ECB monetary policy
   • European government bond yields
   • Money market conditions and liquidity

If you're looking for sentiment analysis on a cryptocurrency or token instead, please provide the correct ticker symbol, and I can search for that information.

EUTBL Technical Analysis: Support & Resistance Levels

Current Price & Market Structure

The price of EUTBL is currently $1.21, with the highest price in the last 24 hours at $1.22. The circulating supply of EUTBL is 363.26M, and the market cap is $439.89M, ranking it #159 among all cryptocurrencies.

Key Price Levels

All-Time High & Low:

• The highest price of EUTBL is recorded on 18 September 2025, with an all time high of $1.24
• The lowest price of EUTBL is recorded on 15 August 2024, with an all time low of $1.011

Primary Support Levels

Primary Resistance Levels

Technical Indicators & Market Conditions

Volume Analysis:
The trading volume is notably zero, indicating a lack of market activity and potential liquidity concerns, which may hinder price movement in the short term.

Momentum Assessment:
Given the technical indicators of an oversold condition alongside the absence of trading volume, the current market dynamics suggest caution. Therefore, a Hold rating is recommended for EUTBL, as investors should await clearer volume signals and a potential rebound before making any buying decisions.

Price Performance:

• The price of Spiko EU T-Bills Money Market Fund has increased by 0.00% in the last hour and increased by 0.00% in the past 24 hours
• Spiko EU T-Bills Money Market Fund's price has also fallen by 0.03% in the past week

Short-Term Outlook (Hourly/Daily)

The asset exhibits minimal volatility with extremely tight trading ranges. In the last 24 hours, the lowest price is $1.21, and the highest price is $1.22, indicating consolidation behavior. The lack of trading volume constrains directional movement, suggesting a sideways market structure.

Medium-Term Outlook (Weekly)

The asset remains near all-time highs but shows declining momentum. The absence of volume confirmation on price movements suggests caution regarding breakout attempts. Traders should monitor for volume expansion to validate any directional moves beyond the $1.22-$1.24 resistance zone.

Chart Pattern Analysis

The current price action reflects a tight consolidation pattern with minimal volatility. The asset is trading within a narrow band, suggesting equilibrium between buyers and sellers. Without significant volume, breakout probability remains low in the near term.

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Sources:

1. https://www.bybit.com/en/price/eutbl/
2. https://rsihunter.com/asset/eutbl
3. https://www.coinbase.com/price/spiko-eu-t-bills-money-market-fund