BTC 2x Flexible Leverage Index Price
$43.43
฿0.00045925
BTC 2x Flexible Leverage Index Price Chart (BTC2X-FLI)
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Market Stats
May 11, 2021
Nov 22, 2022
BTC 2x Flexible Leverage Index price is $43.43, down -5.94% in the last 24 hours, and the live market cap is $5,650,110. It has circulating supply of 129,644 BTC2X-FLI coins and a max supply of 129,644 BTC2X-FLI alongside $10K 24h trading volume. Now, you can view this coin price in INR.
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About BTC 2x Flexible Leverage Index
What is Coin?
Coin is a digital asset or cryptocurrency that can be used as a medium of exchange. Bitcoin (BTC) is the most popular and widely used coin, but there are many other coins available on the market. BTC 2x Flexible Leverage Index (FLI) is an index fund that provides investors with exposure to Bitcoin and leveraged returns. The FLI uses algorithmic strategies to provide investors with access to leverage up to 2x their initial investment amount in BTC.
The FLI was created by TokenSets, a platform for creating and managing tokenized portfolios. TokenSets allows users to create custom portfolios of tokens that are automatically rebalanced according to their chosen parameters. The FLI portfolio consists of two parts: the underlying assets, which are BTC, and the leverage component, which is provided by derivatives such as futures contracts.
The FLI offers investors several advantages over traditional investments in cryptocurrencies. First, it provides exposure to both the upside potential of Bitcoin price appreciation as well as downside protection from any losses incurred due to market volatility. Second, it allows investors to take advantage of leverage without having to open margin accounts or use complex financial instruments like options or futures.
Finally, because the FLI is managed by TokenSets’ algorithms, it eliminates the need for manual rebalancing and reduces risk associated with human error. This makes it an ideal choice for those looking for a low-maintenance way to invest in cryptocurrencies without having to actively manage their portfolio.
For more information about BTC 2x Flexible Leverage Index (FLI), please visit https://www.tokensets.com/portfolio/btcfli
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