BITS


Blockchain & Bitcoin Strategy ETFActive

Reasons to Consider BITS

Bitcoin Futures Exposure

By investing in the regulated bitcoin futures market, BITS offers a novel and transparent way of gaining exposure to futures on the world's largest cryptocurrency, without the need for self-custody.

Long-Term Growth Potential

BITS seeks long-term growth potential by combining prudent management of bitcoin futures positions with exposure to disruptive companies on the cutting edge of the emerging blockchain technology and digital assets theme.

ETF Efficiency

BITS delivers efficient access to bitcoin futures and blockchain technology stocks in a single trade.

Key Information As of 12/01/22

Inception Date 11/15/21
Total Expense Ratio 0.65%
Net Assets $7.24 million
NAV $5.37
Fact Sheet

ETF Summary

The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an actively-managed fund that seeks to capture the long-term growth potential of the blockchain and digital assets theme. The Fund takes long positions in U.S. listed bitcoin futures contracts and invests, directly and/or indirectly, in companies positioned to benefit from the increased adoption of blockchain technology. BITS will not invest directly in bitcoin, and it currently delivers exposure to blockchain companies through other ETFs, including the affiliated Global X Blockchain ETF.

ETF Objective

The Global X Blockchain & Bitcoin Strategy ETF (BITS) seeks to achieve long-term capital appreciation.

Trading Details As of 12/01/22

Ticker BITS
CUSIP 37960A875
ISIN US37960A8751
Primary Exchange Nasdaq
Shares Outstanding 1,350,000
Number of Holdings 7
30-Day Median Bid-Ask Spread 0.88%

Distributions As of 12/01/22

30-Day SEC Yield 1.30%
Distribution Frequency Semi-Annually

ETF Prices As of 12/01/22

NAV $5.37 Daily Change -$0.02 -0.40%
Market Price $5.46 Daily Change $0.08 1.58%

Performance History

As of recent
(09/30/22)
Fund NAV Market Price
Year-to-Date -65.35% -65.37%
1 Month -8.91% -8.64%
3 Months 9.58% 9.72%
Since Inception -76.87% -76.81%
Year-to-Date -64.63% -64.85%
1 Month 2.07% 1.48%
3 Months -15.56% -15.60%
Since Inception -76.40% -76.47%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 12/01/22

Exposure (%) Ticker Name SEDOL Price/Unit ($) Units Held Exposure Amount ($) Market Value ($) Market Value (%)
54.57 BTCZ2 Curncy CME BITCOIN FUT DEC22 84,100.00 47 3,952,700.00
45.02 BKCH GLOBAL X BLOCKCHAIN ETF BNHT7D2 4.16 783,750 3,260,400.00 3,260,400.00 45.02
B 12/06/22 BPQYK88 0.99 1,000,000 999,610.65 13.80
B 03/02/23 BQHM389 0.98 1,000,000 989,479.37 13.66
B 01/12/23 BMQ53N6 0.99 500,000 497,796.73 6.87
CMB 01/31/23 BK81JT6 0.99 500,000 496,657.29 6.86
T 2 1/8 12/31/22 BYV8NP6 0.99 250,000 249,627.90 3.45
CASH 1.00 749,303 749,302.60 10.35
Holdings are subject to change.

ETF Research

Bitcoin and bitcoin futures are a relatively new asset class. They are subject to unique and substantial risks, and historically, have been subject to significant price volatility. The value of an investment in the Fund could decline significantly and without warning, including to zero. You should be prepared to lose your entire investment.

Investing involves risk, including the possible loss of principal. BITS is actively managed and invests in bitcoin futures contracts. The ETF does not invest directly in or hold bitcoin. The price and performance of bitcoin futures should be expected to differ from the current “spot” price of bitcoin. These differences could be significant. Bitcoin futures are subject to margin requirements, collateral requirements and other limits that may prevent the ETF from achieving its objective. Margin requirements for futures and costs associated with rolling (buying and selling) futures may have a negative impact on the fund’s performance and its ability to achieve its investment objective.

Bitcoin is largely unregulated and bitcoin investments may be more susceptible to fraud and manipulation than more regulated investments. Bitcoin and bitcoin futures are subject to rapid price swings, including as a result of actions and statements by influencers and the media, changes in the supply of and demand for bitcoin and bitcoin futures contracts and other factors.

Narrowly focused investments typically exhibit higher volatility. Investments in blockchain companies may be subject to the following risks: the technology is new and many of its uses may be untested; theft, loss or destruction of key(s) to access the blockchain; intense competition and rapid product obsolescence; cybersecurity incidents; lack of liquid markets; slow adoption rates; lack of regulation; third party product defects or vulnerabilities; reliance on the Internet; and line of business risk. Blockchain technology may never develop optimized transactional processes that lead to realized economic returns for any company in which the Fund invests. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. BITS is non­diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated.

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