STKd 100% MSTR & 100% COIN ETF (APED) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
STKd 100% MSTR & 100% COIN ETF (APED) trades at $6.90 with AI Score 44/100 (Grade C). STKd 100% MSTR & 100% COIN ETF (APED) provides investors with leveraged exposure to the Bitcoin economy. Sector: Financial services.
Price as of Aug 20, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for APED: APED does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates APED against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
APED: 1/3 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
STKd 100% MSTR & 100% COIN ETF (APED) Financial Services Profile
STKd 100% MSTR & 100% COIN ETF offers a unique investment vehicle providing 200% exposure to the Bitcoin economy through holdings in MicroStrategy and Coinbase. This ETF caters to investors seeking to capitalize on the growth of Bitcoin and the broader cryptocurrency market within the asset management sector.
What Is the Investment Thesis for APED?
APED's investment thesis hinges on the continued growth and adoption of Bitcoin and the success of MicroStrategy and Coinbase. The ETF's 200% exposure amplifies potential returns but also increases risk. Key value drivers include Bitcoin's price appreciation, Coinbase's transaction volume and user growth, and MicroStrategy's ability to leverage its Bitcoin holdings. Upcoming catalysts include potential regulatory approvals for Bitcoin ETFs, increased institutional adoption of Bitcoin, and technological advancements in the cryptocurrency space. Potential risks include Bitcoin's price volatility, regulatory headwinds, and competition in the cryptocurrency exchange market. The ETF's concentrated portfolio makes it highly sensitive to the performance of MSTR and COIN.
Based on FMP financials and quantitative analysis
APED Key Highlights
APED provides 200% exposure to the Bitcoin economy, amplifying both potential gains and losses.
- The ETF's portfolio is concentrated in MicroStrategy (MSTR) and Coinbase (COIN), making it highly sensitive to their performance.
- APED offers a way for investors to gain exposure to Bitcoin without directly owning the cryptocurrency.
- The ETF's performance is closely tied to Bitcoin's price volatility and regulatory developments in the cryptocurrency space.
- APED's success depends on the continued growth and adoption of Bitcoin and the operational success of MicroStrategy and Coinbase.
Who Are APED's Competitors?
APED is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BWET Breakwave Tanker Shipping ETF | $449.97 | +4.71% | $60.8M | 50 |
| ALISR Calisa Acquisition Corp Right | $0.64 | +0.00% | 79 | |
| IDKFF ThreeD Capital Inc. | $0.07 | +13.85% | $6.98M | 70 |
| ALTEX Firsthand Alternative Energy Fund | $12.93 | -1.90% | $8.98M | 82 |
| BCG Binah Capital Group, Inc. | $1.40 | +0.72% | $23.5M | 78 |
| EEA The European Equity Fund, Inc. | $11.15 | -0.59% | $74.7M | 67 |
| HNNA Hennessy Advisors, Inc. | $9.89 | -1.30% | $78.2M | 81 |
| ETHT ProShares - Ultra Ether ETF | $12.57 | +19.94% | $92.2M | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are APED's Key Strengths?
Leveraged exposure to Bitcoin provides potential for high returns.
- Concentrated portfolio focused on key players in the Bitcoin ecosystem.
- Provides a convenient way to invest in Bitcoin without direct ownership.
- Transparent and easily accessible through traditional brokerage accounts.
What Are APED's Weaknesses?
High volatility due to leveraged exposure and Bitcoin's price fluctuations.
- Concentrated portfolio makes it highly sensitive to the performance of MSTR and COIN.
- Subject to regulatory risks and uncertainties in the cryptocurrency market.
- Management fees can erode returns.
What Could Drive APED Stock Higher?
Potential regulatory approvals for Bitcoin ETFs could drive increased investment.
- Increased institutional adoption of Bitcoin could lead to higher prices.
- Technological advancements in the cryptocurrency space could drive adoption.
What Are the Key Risks for APED?
Bitcoin's price volatility could lead to significant losses.
- Regulatory headwinds could negatively impact the cryptocurrency market.
- Competition from other Bitcoin ETFs and investment products.
- Security breaches and hacks could compromise the safety of Bitcoin holdings.
What Are the Growth Opportunities for APED?
- Increased Institutional Adoption of Bitcoin: As institutional investors increasingly allocate capital to Bitcoin, APED stands to benefit from increased demand for its shares. The growing acceptance of Bitcoin as a legitimate asset class could drive significant inflows into APED, boosting its assets under management and overall performance. This trend is expected to continue over the next 3-5 years, with institutional investors gradually increasing their exposure to Bitcoin.
- Regulatory Approvals for Bitcoin ETFs: The approval of additional Bitcoin ETFs could further legitimize the cryptocurrency market and attract a broader range of investors. This would likely lead to increased trading volumes and higher prices for Bitcoin, benefiting APED's underlying holdings in MicroStrategy and Coinbase. Regulatory clarity is expected to improve over the next 1-2 years, paving the way for greater institutional participation in the Bitcoin market.
- Technological Advancements in the Cryptocurrency Space: Ongoing technological advancements, such as the development of layer-2 scaling solutions and decentralized finance (DeFi) applications, could drive further adoption of Bitcoin and other cryptocurrencies. This would benefit Coinbase by increasing transaction volumes and user engagement. These advancements are expected to continue over the next 2-3 years, making Bitcoin more scalable and accessible.
- Expansion of Coinbase's Product Offerings: Coinbase's continued expansion into new products and services, such as staking, lending, and institutional custody, could drive revenue growth and increase its market share. This would directly benefit APED, as Coinbase is a key holding in the ETF's portfolio. Coinbase's product diversification is expected to continue over the next 2-3 years, strengthening its position in the cryptocurrency market.
- MicroStrategy's Continued Bitcoin Accumulation: MicroStrategy's ongoing strategy of accumulating Bitcoin as a corporate treasury asset could drive further appreciation in its stock price. This would directly benefit APED, as MicroStrategy is a key holding in the ETF's portfolio. MicroStrategy's Bitcoin accumulation strategy is expected to continue as long as the company believes Bitcoin has long-term growth potential.
What Are APED's Competitive Advantages?
- Concentrated exposure to MicroStrategy and Coinbase provides a unique offering.
- Leveraged exposure amplifies potential returns (and losses).
- Provides a convenient way to invest in the Bitcoin economy without direct ownership.
- First-mover advantage in offering this specific investment strategy.
What Does APED Do?
STKd 100% MSTR & 100% COIN ETF (APED) is designed to provide investors with a concentrated and leveraged exposure to the Bitcoin ecosystem. Unlike traditional ETFs that track a broad index, APED focuses specifically on companies that are heavily involved with Bitcoin, primarily MicroStrategy (MSTR) and Coinbase (COIN). MicroStrategy, known for its substantial Bitcoin holdings as part of its corporate treasury strategy, and Coinbase, a leading cryptocurrency exchange platform, form the core of APED's portfolio. This strategic allocation aims to capture the potential upside of Bitcoin's price movements and the growth of the cryptocurrency market. APED offers a way for investors to gain exposure to Bitcoin without directly owning the cryptocurrency, navigating the complexities and security concerns associated with direct ownership. The ETF is structured to provide 200% exposure, amplifying both gains and losses relative to the underlying assets. APED's investment strategy is inherently tied to the performance of Bitcoin and the operational success of MicroStrategy and Coinbase. The ETF's performance is thus influenced by factors such as Bitcoin's price volatility, regulatory developments in the cryptocurrency space, and the competitive dynamics of the cryptocurrency exchange market.
What Products and Services Does APED Offer?
- Provides investors with leveraged exposure to the Bitcoin economy.
- Invests primarily in MicroStrategy (MSTR) and Coinbase (COIN).
- Offers 200% exposure to the combined performance of MSTR and COIN.
- Allows investors to gain exposure to Bitcoin without directly owning the cryptocurrency.
- Tracks the performance of companies with significant Bitcoin holdings and those facilitating cryptocurrency trading.
- Provides a concentrated investment strategy focused on the Bitcoin ecosystem.
How Does APED Make Money?
- APED generates revenue through management fees charged to investors.
- The ETF's performance is directly tied to the performance of its underlying holdings, MSTR and COIN.
- APED's business model relies on attracting investors who are bullish on Bitcoin and the cryptocurrency market.
What Industry Does APED Operate In?
APED operates within the asset management industry, specifically targeting the growing market for cryptocurrency-related investment products. The rise of Bitcoin and other cryptocurrencies has created demand for investment vehicles that provide exposure to this asset class. The competitive landscape includes other ETFs and investment products that offer exposure to Bitcoin, either directly or indirectly. APED differentiates itself by providing leveraged exposure through its concentrated holdings in MicroStrategy and Coinbase. The ETF's success depends on its ability to attract investors who are bullish on Bitcoin and comfortable with the risks associated with leveraged exposure.
Who Are APED's Key Customers?
- Retail investors seeking exposure to Bitcoin.
- Institutional investors looking for a convenient way to invest in the cryptocurrency market.
- Investors who are comfortable with the risks associated with leveraged exposure.
- Investors who believe in the long-term growth potential of Bitcoin and the cryptocurrency ecosystem.
How STKd 100% MSTR & 100% COIN ETF Is Valued
Relative to its peer group, APED's quantitative score of 44/100 is below the peer average of 72/100.
Key Financial Metrics
Return on equity for STKd 100% MSTR & 100% COIN ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. APED trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
APED Financials
Bull Case vs Bear Case
Bull Case
- Leveraged exposure to Bitcoin provides potential for high returns.
- Concentrated portfolio focused on key players in the Bitcoin ecosystem.
- Provides a convenient way to invest in Bitcoin without direct ownership.
- Transparent and easily accessible through traditional brokerage accounts.
Bear Case
- High volatility due to leveraged exposure and Bitcoin's price fluctuations.
- Concentrated portfolio makes it highly sensitive to the performance of MSTR and COIN.
- Subject to regulatory risks and uncertainties in the cryptocurrency market.
- Management fees can erode returns.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
APED Latest News
No recent news available for APED.
APED Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for APED.
Price Targets
Wall Street price target analysis for APED.
APED MoonshotScore
What does this score mean?
The MoonshotScore rates APED 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
APED Financial Services Stock FAQ
What does the AI Score mean for APED?
APED holds an AI Score of 44/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. STKd 100% MSTR & 100% COIN ETF (APED) provides investors with leveraged exposure to the Bitcoin economy. It achieves this by investing in companies with significant Bitcoin holdings and those …
What does STKd 100% MSTR & 100% COIN ETF do?
STKd 100% MSTR & 100% COIN ETF provides investors with leveraged exposure to the Bitcoin economy by investing in companies with significant Bitcoin holdings and those facilitating cryptocurrency trading. The ETF's portfolio is concentrated in MicroStrategy (MSTR) and Coinbase (COIN), offering 200% exposure to their combined performance.
What are the main risks for APED?
The main risks for APED include Bitcoin's price volatility, regulatory headwinds, and competition in the cryptocurrency market. The ETF's leveraged exposure amplifies both potential gains and losses, making it highly sensitive to Bitcoin's price fluctuations. Regulatory uncertainty surrounding cryptocurrencies could negatively impact the market and the ETF's performance.
How does APED generate revenue?
APED generates revenue through management fees charged to investors. These fees are typically a percentage of the ETF's assets under management (AUM). The ETF's profitability is directly tied to its ability to attract and retain investors, which in turn depends on its performance and the overall health of the Bitcoin market.
What are the key factors to evaluate for APED?
STKd 100% MSTR & 100% COIN ETF (APED) holds an AI score of 44/100 (low). APED's investment thesis hinges on the continued growth and adoption of Bitcoin and the success of MicroStrategy and Coinbase. Not financial advice.
How frequently does APED data refresh on this page?
APED's price was last updated on Aug 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven APED's recent stock price performance?
STKd 100% MSTR & 100% COIN ETF (APED) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Leveraged exposure to Bitcoin provides potential for high returns. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider APED overvalued or undervalued right now?
STKd 100% MSTR & 100% COIN ETF (APED) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research APED before investing?
Before investing in STKd 100% MSTR & 100% COIN ETF (APED), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The ETF's performance is highly dependent on the performance of Bitcoin, MicroStrategy, and Coinbase.
- Leveraged exposure amplifies both potential gains and losses.
- Regulatory risks and uncertainties in the cryptocurrency market could impact the ETF's performance.