| ETF Summary |
| Trading Details |
| Distributions |
| NAV | Daily Change | |||
| Market Price | Daily Change |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| 1 Year | 3.61% | 3.61% | 1.85% |
| Since Inception | 3.93% | 3.93% | 5.27% |
| Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
|---|---|---|---|---|---|
| NAV | $28.81 | Daily Change | -$0.42 | -1.44% |
| Market Price | $28.80 | Daily Change | -$0.43 | -1.47% |
By investing in the regulated bitcoin futures market, BTRN offers a novel and transparent way of gaining exposure to bitcoin futures, without the need for self-custody.
BTRN is designed to help navigate the volatility of bitcoin prices, potentially enhancing risk-adjusted performance relative to a direct investment in bitcoin or bitcoin futures.1
BTRN seeks to mitigate the severity and extent of drawdowns by dynamically allocating between bitcoin futures and short-term treasuries, based on signal developed by CoinDesk Indices.
1Bitcoin-related investments may experience price volatility, potentially declining without warning, including to zero
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
| Exposure (%) | Ticker | Name | SEDOL | Price/Unit ($) | Units Held | Exposure Amount ($) | Market Value ($) | Market Value (%) |
|---|---|---|---|---|---|---|---|---|
| 80.33 | BTCK6 Curncy | CME BITCOIN FUT MAY26 | 404,975.00 | 4.00 | 1,619,900.00 | 1,619,900.00 | ||
| 19.68 | BMRK6 Curncy | CME MICRO BITCOIN MAY26 | 8,099.50 | 49.00 | 396,875.50 | 396,875.50 | ||
| CLIP | GLOBAL X 1-3 MONTH T-BILL | BS096K4 | 100.18 | 13,060.00 | 1,308,350.80 | 64.88 | ||
| CASH | 1.00 | 708,789.92 | 708,789.92 | 35.15 |
Holdings are subject to change. "Cash" denotes U.S. dollars.