BTRN

Global X Bitcoin Trend Strategy ETF

$35.37
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Global X Bitcoin Trend Strategy ETF (BTRN) seeks to provide exposure to the performance of bitcoin through a rules-based investment strategy that aims to capture bitcoin's long-term upward trend while reducing downside risk.

Overview

ETF tracking Global X Bitcoin Trend Strategy ETF

Issuer Other
Inception Date 2024-03-21
Market Cap $7.4M
Average Volume N/A
Dividend Yield 2.52%
52-Week Range $33.49 - $42.73
VWAP $35.36

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Global X Bitcoin Trend Strategy ETF (BTRN) seeks to provide exposure to the performance of bitcoin through a rules-based investment strategy that aims to capture bitcoin's long-term upward trend while reducing downside risk.

🎯 Investment Strategy

BTRN utilizes a proprietary trend-following model to determine when to allocate to bitcoin exposure and when to shift to cash or cash equivalents. The fund aims to participate in bitcoin's long-term upward trend while seeking to mitigate downside risk during periods of significant bitcoin price declines.

✨ Key Features

  • Actively managed strategy that aims to capture bitcoin's long-term upward trend
  • Utilizes a rules-based trend-following model to determine bitcoin exposure
  • Seeks to reduce downside risk during periods of significant bitcoin price declines
  • Provides exposure to bitcoin without the need to hold the cryptocurrency directly

⚠️ Primary Risks

  • Cryptocurrency risk: Bitcoin and other cryptocurrencies are a highly speculative and volatile asset class
  • Trend-following risk: The trend-following model may not accurately predict future bitcoin price movements
  • Liquidity risk: The bitcoin market can be illiquid, which may impact the fund's ability to buy or sell positions
  • Regulatory risk: Changes in cryptocurrency regulations could adversely affect the fund's performance

👤 Best For

BTRN may be suitable for investors seeking exposure to the long-term upward trend of bitcoin, but who are also concerned about the significant volatility and downside risk associated with direct investment in the cryptocurrency. This fund may be appropriate for investors with a higher risk tolerance and a long-term investment horizon.