The Valkyrie Bitcoin Strategy ETF (Nasdaq: BTF)

BTF is an actively managed ETF available through Nasdaq that invests primarily in bitcoin futures contracts. Ask your broker or search your online account for “BTF”.

 

Why BTF?

Exposure

Gain exposure to the emerging bitcoin economy.

Accessible

Access through a traditional actively managed exchange traded fund.

Secure

Invest through the regulated futures market.

Expertise

Managed by a digital asset investment firm.

Fund Summary

Data as of
Rate Date
08/17/2022

Ticker
BTF
CUSIP
91917A 108
ISIN
US91917A1088
Exchange
Nasdaq
Fund Type
Alternative
Inception Date
10/21/2021
Administrator
US Bancorp Fund Services LLC
Distributor
ALPS Distributors, Inc
Custodian
U.S. Bank, N.A.
Advisor
Valkyrie Funds LLC
Sub Advisor
Vident Investment Advisory LLC
Total Expense Ratio
0.95%

Fund Materials

PDF

Summary Prospectus


PDF

Prospectus


PDF

SAI


PDF

Fact Sheet


PDF

Investment Case


HTM

Investment Schedule


PDF

Q1 Report


PDF

Semi Annual Report



Investment Objective

The Fund seeks to provide investors with capital appreciation. There can be no assurance that the Fund will achieve its investment objective.

Investment Strategy

The Fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing all or substantially all of its assets in exchange-traded futures contracts on bitcoin and “Collateral Investments”. The Fund will not directly invest in bitcoin. Under normal circumstances, the Fund will seek to purchase a number of bitcoin futures contracts so that the total notional value (i.e., the total value of the bitcoin underlying the futures contracts) of the bitcoin underlying the futures contracts held by the Fund is as close to 100% of the net assets of the Fund as possible.

Investors seeking direct exposure to the price of bitcoin should consider another investment other than the Fund. The Fund is classified as “non-diversified” under the Investment Company Act of 1940 (the “1940 Act”).

Holdings

Data as of
Rate Date
08/17/2022

Subject to change

View all holdings data


BTF Performance

Data as of
Rate Date
08/17/2022

  2021 1/1/22 - 6/30/22
Days traded at premium 38 66
Days traded at net asset value 1 1
Days traded at discount 11 57
 

How to buy the BTF ETF?

Valkyrie ETFs are available through various channels including the below. Reach out to your Financial Advisor for more information.



*Neither Valkyrie Funds nor BTF, The Valkyrie Bitcoin Strategy ETF are affiliated with these financial services firms. Their listing should not be viewed as a recommendation or endorsement.

ALPS Distributors Inc is not affiliated with any of the companies listed above.