CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETFCoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETFCoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF

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Key stats


Assets under management (AUM)
‪27.40 M‬USD
Fund flows (1Y)
‪31.05 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.7%

About CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF


Issuer
Coinshares International Ltd.
Brand
CoinShares
Expense ratio
1.85%
Inception date
Feb 21, 2024
Index tracked
S&P CME Bitcoin Futures Index
Management style
Passive
BTFX aims to enhance returns by leveraging cash-settled Bitcoin futures contracts seeking 2x the index performance return. This approach allows tracking of Bitcoins price shifts without direct ownership of the digital asset. Additionally, the fund may invest in other Bitcoin Futures ETFs and Bitcoin-linked ETPs, striking a balance between risks and opportunities within the digital assets space. The fund strategically diversifies across a range of high-quality securities, including US government bonds, money market funds, and premium corporate debt securities to manage risk. Notably, BTFX ensures compliance with regulatory standards through its Cayman Islands Subsidiary. To comply with RIC requirements, BTFX will invest in reverse repurchase agreements. Thorough due diligence on cryptocurrency investment risks is essential before considering investment in the fund. Effective Oct. 31, 2024, due to an acquisition, BTFX incorporated CoinShares in its name.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
Derivative
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 7, 2024
Exposure type
Bonds, Cash & Other
Futures
Mutual fund
Bonds, Cash & Other100.00%
Futures88.10%
Mutual fund12.31%
Cash−0.41%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows