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Spiko EU T-Bills Money Market Fund

EUTBLRank #105Health 72
$1.190.16%24h

Live · updated 9 minutes ago

Market cap$491.59M
24h volume—
1 year-1.3%
From all-time high-5.6%
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Spiko EU T-Bills Money Market Fund Price chart

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Hover or drag across the chart to read any day

Key stats

All-time high
$1.26
27 Jan 2026
All-time low
$1.01
15 Aug 2024
BTC price
0.00000000
BTC
Volume / market cap
0.00%
 
Share of market
0.02%
 
Fully diluted
$492.39M
1.00×

Performance

How the price moved over each period.

1h-0.05%
24h+0.16%
7d+0.15%
200d-2.11%
1y-1.27%

Supply

No capMax supply

413.77M EUTBL circulate. No maximum supply is set.

Circulating
413.77M
Total supply
413.77M
Max supply
No max supply
ⓘ Circulating · Total supply · Max supply

Circulating supply: coins currently available to trade, as reported by the data provider.

Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.

Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.

CryptoWave Health score

Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.

Fair
72
out of 100
Liquidity 25%
50

Volume is 0.00% of market cap. Thin trading; small orders can move the price.

Market depth 25%
47

$491.59M market cap, rank #111. Bigger is harder to push around.

Supply unlocked 15%
96

100% of the total supply circulates. Little dilution ahead.

Distance from peak 15%
94

5.6% below its all-time high of $1.26.

Price stability 20%
98

Largest recent swing: 0.16% a day. Calm.

Describes market structure today. Not a price forecast and not investment advice.

How this score is calculated

A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:

  • Liquidity (25%): 24-hour trading volume divided by market cap.
  • Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
  • Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
  • Distance from peak (15%): the current price compared with the all-time high.
  • Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).

Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.

Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.

Missing inputs for this asset, counted as a neutral 50: Liquidity

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Strategy

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About Spiko EU T-Bills Money Market Fund

What is Spiko EU T-Bills Money Market Fund (EUTBL)?

EUTBL is a tokenised share class of the Spiko EU T-Bills Money Market Fund, a French-law UCITS short-term variable-net-asset-value money market fund. The fund is a sub-fund of the Spiko SICAV, and Spiko is the issuer and the platform behind the token. Each token represents a share of the fund, not a stablecoin or a bank deposit.

How EUTBL works

The fund invests in short-term, investment-grade Eurozone Treasury bills, repurchase agreements secured by such bills, and cash. Returns come from the interest on these holdings and are reflected in the value of the shares. Because the net asset value is variable, the token price can move, though it is meant to move gradually.

EUTBL is available only to eligible investors. Subscriptions, redemptions and transfers go through eligibility checks and issuer-run servicing, so transfers are limited to KYC-verified, allowlisted wallets rather than any address. The product is aimed at non-US investors.

EUTBL supply and token design

  • There is no fixed cap: tokens are created when eligible investors subscribe and removed when they redeem.
  • The token is issued on multiple networks, including Ethereum, Polygon, Base, Arbitrum, Etherlink, Starknet and Stellar.
  • Backing comes from the fund's holdings, which are held under fund rules rather than by the token holder directly.

Live circulating supply is shown in the market data on this page. Because transfers are restricted, any trading seen on public markets may not reflect the fund's net asset value or be open to every buyer.

Official information is on spiko.xyz.

For crypto users, the appeal is that a regulated euro money market fund can be held and moved on-chain with settlement on public networks. Fund documents such as the prospectus remain the legal source of the rights attached to each share.

What to check before using EUTBL

  • Eligibility: you must pass checks and may be excluded based on residence, particularly US persons.
  • Counterparty and issuer risk: you rely on Spiko, the fund structure, custodians and repo counterparties.
  • Interest-rate and market risk: a variable-NAV fund can lose value, and returns follow euro short-term rates.
  • Redemption mechanics: redemption goes through the issuer on set processing times rather than an open market.
  • Smart-contract risk: allowlists, mint and burn controls are enforced by on-chain contracts that can contain faults.

Spiko EU T-Bills Money Market Fund project profile

Categories: Tokenized AssetsReal World Assets (RWA)

Token contracts

Always confirm links on the project's own official channels before connecting a wallet or sending funds.

Spiko EU T-Bills Money Market Fund market analysis

With a market capitalisation of $491.59 million, Spiko EU T-Bills Money Market Fund (EUTBL) is classed as a small-cap asset and ranks #111 of 1,340 cryptocurrencies with a reported market cap on CryptoWave, larger than about 91.7% of them. It accounts for roughly 0.02% of the combined tracked market value. Small-cap assets can move quickly on news or exchange listings, and liquidity can thin out fast in sell-offs.

Over the last 24 hours roughly $0.00 of EUTBL changed hands, equal to 0.00% of its market cap, which puts its trading volume ahead of about 2.8% of tracked assets. Trading activity is very low relative to market cap, which usually points to poor liquidity. Its turnover ratio is higher than that of about 0% of tracked assets.

Price action: EUTBL moved +0.16% in 24 hours and +0.15% over 7 days. It outperformed Bitcoin by 2.37 percentage points over 24 hours and by 4.28 points over 7 days. Against the median tracked coin (ahead by 2.44 points on the day and ahead by 6.37 points on the week), it has been a relative strength in recent sessions.

To overtake TrueUSD (TUSD) just above it, Spiko EU T-Bills Money Market Fund would need to grow its market cap by about 0.4%; it is 0.1% larger than EOS (EOS) just below. Its market cap is 0.03% of Bitcoin's.

Based on market data; not investment advice.

Spiko EU T-Bills Money Market Fund FAQ

What is EUTBL?

EUTBL is a tokenised share class of the Spiko EU T-Bills Money Market Fund, a French-law UCITS fund that invests in short-term Eurozone Treasury bills.

Who can hold EUTBL?

Only eligible, KYC-verified investors whose wallets are allowlisted. It is aimed at non-US investors.

Is EUTBL a stablecoin?

No. It represents shares in a variable-NAV money market fund, so its value can change.

How many EUTBL are there?

There is no fixed cap, because tokens are created and removed as investors subscribe and redeem. Live circulating supply is shown in the market data on this page.

Price history

DateOpenHighLowClose
Historical price data is not available yet for this asset.