BTOP

Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF

$31.69
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP) seeks to provide exposure to a trend-following strategy that rotates between Bitcoin, Ethereum, and U.S. Treasuries based on market conditions.

Overview

ETF tracking Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF

Category Thematic
Issuer Other
Inception Date 2023-10-02
Market Cap $5.5M
Average Volume N/A
Dividend Yield 65.68%
52-Week Range $23.65 - $66.07
VWAP $31.72

Performance

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Investment Summary

📎 Investment Objective

The Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP) seeks to provide exposure to a trend-following strategy that rotates between Bitcoin, Ethereum, and U.S. Treasuries based on market conditions.

🎯 Investment Strategy

BTOP aims to achieve its objective by using a proprietary quantitative model to analyze market trends and dynamically allocate the fund's assets between Bitcoin, Ethereum, and U.S. Treasuries. The model seeks to identify and capitalize on emerging trends in the cryptocurrency and fixed income markets.

✨ Key Features

  • Actively managed strategy that aims to generate returns by rotating between cryptocurrencies and Treasuries
  • Utilizes a quantitative, trend-following approach to asset allocation
  • Provides exposure to the cryptocurrency and fixed income asset classes
  • Aims to manage risk by dynamically adjusting the portfolio's allocation

⚠️ Primary Risks

  • Cryptocurrency risk: Cryptocurrencies are highly volatile and speculative, with the potential for significant price swings
  • Trend-following risk: The strategy's success depends on its ability to accurately identify and capitalize on market trends, which may not always be successful
  • Liquidity risk: The cryptocurrency and fixed income markets may experience periods of low liquidity, which could impact the fund's ability to execute trades
  • Concentration risk: The fund's performance is heavily dependent on the performance of a small number of asset classes

👤 Best For

BTOP may be suitable for investors with a high risk tolerance who are seeking exposure to the cryptocurrency and fixed income markets through an actively managed, trend-following strategy. Investors should have a long-term investment horizon and be comfortable with the fund's volatility and risk profile.