By investing in the regulated bitcoin futures market, BTRN offers a novel and transparent way of gaining exposure to bitcoin futures, without the need for self-custody.
BTRN is designed to help navigate the volatility of bitcoin prices, potentially enhancing risk-adjusted performance relative to a direct investment in bitcoin or bitcoin futures.1
BTRN seeks to mitigate the severity and extent of drawdowns by dynamically allocating between bitcoin futures and short-term treasuries, based on signal developed by CoinDesk Indices.
1Bitcoin-related investments may experience price volatility, potentially declining without warning, including to zero
Key Information |
Trading Details |
Distributions |
Taxes |
NAV | Daily Change | |||
Market Price | Daily Change |
Fund NAV | Market Price | Index | |
---|---|---|---|
Options Details |
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Exposure |
ETF Characteristics |
ETF Risk Stats |
NAV | $35.23 | Daily Change | -$0.24 | -0.68% |
Market Price | $35.25 | Daily Change | -$0.25 | -0.70% |
Exposure (%) | Ticker | Name | SEDOL | Price/Unit ($) | Units Held | Exposure Amount ($) | Market Value ($) | Market Value (%) |
---|---|---|---|---|---|---|---|---|
74.67 | BTCK5 Curncy | CME BITCOIN FUT MAY25 | 473,475.00 | 10.00 | 4,734,750.00 | 4,734,750.00 | ||
0.45 | BMRK5 Curncy | CME MICRO BITCOIN MAY25 | 9,469.50 | 3.00 | 28,408.50 | 28,408.50 | ||
CLIP | GLOBAL X 1-3 MONTH T-BILL | BS096K4 | 100.04 | 50,260.00 | 5,028,010.40 | 79.29 | ||
B 06/12/25 | BSLSTR8 | 1.00 | 400,000.00 | 398,025.11 | 6.28 | |||
B 07/17/25 | BTFK9C2 | 0.99 | 300,000.00 | 297,316.87 | 4.69 | |||
B 07/03/25 | BRJWQM9 | 0.99 | 250,000.00 | 248,164.69 | 3.91 | |||
B 07/24/25 | BTWN742 | 0.99 | 200,000.00 | 198,054.17 | 3.12 | |||
CASH | 1.00 | 470,367.73 | 470,367.73 | 7.42 |
Fund NAV | Market Price | Index | |
---|---|---|---|
1 Year | -1.88% | -2.08% | 0.36% |
Since Inception | 4.24% | 4.24% | 8.69% |
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.