Etsy Inc vs iShares Bitcoin Trust — how do they compare? Etsy Inc trades at $80.12 (market cap $7.29B), while iShares Bitcoin Trust trades at $36.28. The key difference: Etsy Inc is trading nearer its 52-week high, iShares Bitcoin Trust nearer its low. Which is the better fit depends on your goals.
| ETSY | IBIT | |
|---|---|---|
Market Cap | $7.29B | — |
Sector | Consumer Cyclical | Crypto-linked |
52-Week High | $86.47 | $71.29 |
52-Week Low | $44.05 | $33.29 |
Enterprise Value | $9.25B | — |
Trailing returns across standard periods
Latest headlines on both assets
Etsy operates a top-10 e-commerce marketplace operator in the U.S. and the U.K., with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.5 billion in 2021 consolidated gross merchandise volume, the firm has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2021, the firm connected more than 96 million buyers and more than 7.5 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), Elo7 (crafts in Brazil), and Depop (clothing resale).
Read more on ETSY →IBIT is a spot Bitcoin ETF that tracks the price of Bitcoin directly. Managed by BlackRock, it offers investors a regulated way to gain exposure to the digital asset within a traditional brokerage account.
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