BFAP
FT Vest Bitcoin Strategy Floor15 ETF - April
📎 Investment Objective
The FT Vest Bitcoin Strategy Floor15 ETF seeks to provide exposure to the bitcoin futures market while aiming to limit downside risk through a 15% floor on the net asset value (NAV).
Overview
ETF tracking FT Vest Bitcoin Strategy Floor15 ETF - April
Performance
Price Chart
Investment Summary
📎 Investment Objective
The FT Vest Bitcoin Strategy Floor15 ETF seeks to provide exposure to the bitcoin futures market while aiming to limit downside risk through a 15% floor on the net asset value (NAV).
🎯 Investment Strategy
The ETF invests in bitcoin futures contracts and uses a risk management strategy to maintain a 15% floor on the NAV. This is intended to limit potential losses during periods of significant bitcoin price declines.
✨ Key Features
- Exposure to the bitcoin futures market
- 15% floor on the NAV to limit downside risk
- Actively managed strategy to maintain the 15% floor
- No management fees (0.00% expense ratio)
⚠️ Primary Risks
- Volatility and price fluctuations in the bitcoin futures market
- Potential tracking error between the ETF's performance and the underlying bitcoin futures
- Effectiveness of the risk management strategy in maintaining the 15% floor
- Liquidity risks in the bitcoin futures market
👤 Best For
This ETF may be suitable for investors seeking exposure to the bitcoin futures market with a level of downside protection, and who have a higher risk tolerance and longer investment horizon to weather potential volatility.