QBF
Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly
📎 Investment Objective
The Innovator Uncapped Bitcoin 20 Floor ETF (QBF) seeks to provide investors with exposure to the price movements of Bitcoin, while aiming to limit downside risk through a 20% floor.
Overview
ETF tracking Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator Uncapped Bitcoin 20 Floor ETF (QBF) seeks to provide investors with exposure to the price movements of Bitcoin, while aiming to limit downside risk through a 20% floor.
🎯 Investment Strategy
The ETF uses a options-based strategy to track the performance of Bitcoin. It holds a portfolio of Bitcoin futures contracts and options designed to provide upside exposure to Bitcoin's price movements, while limiting losses to 20% of the fund's net asset value.
✨ Key Features
- Seeks to provide exposure to Bitcoin price movements
- Aims to limit downside risk to 20% of the fund's net asset value
- Uses a options-based strategy to achieve its investment objective
- Quarterly rebalancing to maintain the 20% floor
⚠️ Primary Risks
- Cryptocurrency risk: Bitcoin and other cryptocurrencies are highly volatile and speculative assets
- Derivatives risk: The use of options and futures contracts carries additional risks
- Liquidity risk: The fund may have difficulty buying or selling certain holdings
- Tracking error risk: The fund may not perfectly track the performance of Bitcoin
👤 Best For
This ETF may be suitable for investors seeking exposure to Bitcoin who are willing to accept the high volatility and risks associated with cryptocurrency investments, but want some downside protection. It is best suited for investors with a higher risk tolerance and a long-term investment horizon.