BTF

Valkyrie ETF Trust II CoinShares Bitcoin and Ether ETF

$13.62
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The BTF - Valkyrie ETF Trust II CoinShares Bitcoin and Ether ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the CoinShares Bitcoin and Ether Index.

Overview

ETF tracking Valkyrie ETF Trust II CoinShares Bitcoin and Ether ETF

Category Crypto
Issuer Other
Inception Date 2021-10-20
Market Cap $32.0M
Average Volume N/A
Dividend Yield 55.73%
52-Week Range $8.56 - $25.92
VWAP $13.79

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The BTF - Valkyrie ETF Trust II CoinShares Bitcoin and Ether ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the CoinShares Bitcoin and Ether Index.

🎯 Investment Strategy

The ETF invests primarily in Bitcoin and Ether, the two largest cryptocurrencies by market capitalization, in an effort to track the performance of the underlying index. The fund may also invest in other digital assets, cash equivalents, and related financial instruments to help achieve its investment objective.

✨ Key Features

  • Provides exposure to the two largest cryptocurrencies, Bitcoin and Ether
  • Tracks the CoinShares Bitcoin and Ether Index, which is designed to measure the performance of a portfolio of these digital assets
  • Aims to provide a convenient and cost-effective way for investors to gain exposure to the cryptocurrency market
  • Has a 0.00% expense ratio, making it one of the lowest-cost crypto ETFs available

⚠️ Primary Risks

  • Cryptocurrency market risk: The value of the ETF's holdings may be highly volatile due to the speculative nature of the cryptocurrency market
  • Regulatory risk: Cryptocurrencies are subject to evolving regulatory environments, which could adversely impact the fund's performance
  • Liquidity risk: The cryptocurrency market can be illiquid, which may make it difficult to buy or sell fund holdings at desired prices
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index due to various factors, including fees and expenses

👤 Best For

The BTF - Valkyrie ETF Trust II CoinShares Bitcoin and Ether ETF may be suitable for investors seeking exposure to the cryptocurrency market as part of a diversified portfolio. Investors should have a high risk tolerance and a long-term investment horizon, as the cryptocurrency market is highly volatile and speculative.