$1.14/ day, billed weekly
Cancel anytime

(Ad-Free, Unlimited access)

NO CREDIT CARD REQUIRED

BTF

Valkyrie Bitcoin Strategy ETF (BTF)

$10.31

Delayed price

PASS

BUY Advisory
SELL Advisory (Profit)
SELL Advisory (Loss)

Profit
Loss
Pass (Skip investing)

Time period over

ALL
YEAR
MONTH
WEEK

Upturn Advisory Summary

04/01/2025: BTF (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF

Historic Profit 62.67%

Avg. Invested days 32

Today’s Advisory PASS

Upturn Star Rating

Upturn Advisory Performance

2.0

ETF Returns Performance

5.0

Profits based on simulation

Last Close 04/01/2025

Key Highlights

Volume (30-day avg) 34142	Beta -	52 Weeks Range 8.87 - 17.39	Updated Date 04/1/2025
52 Weeks Range 8.87 - 17.39	Updated Date 04/1/2025

Upturn AI SWOT

Valkyrie Bitcoin Strategy ETF

ETF Overview

Overview

The Valkyrie Bitcoin Strategy ETF (BTF) seeks capital appreciation by investing primarily in Bitcoin futures contracts. It does not invest directly in Bitcoin. The fund offers exposure to Bitcoin's price movements without directly holding the cryptocurrency.

Reputation and Reliability

Valkyrie is a smaller, relatively new ETF issuer focused on digital assets. Its reputation is building within the crypto ETF space.

Management Expertise

Valkyrie's management team has experience in both traditional finance and digital asset investments.

Investment Objective

Goal

To seek capital appreciation through investments in Bitcoin futures contracts.

Investment Approach and Strategy

Strategy: The ETF invests primarily in cash-settled Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME).

Composition The ETF's assets consist mainly of Bitcoin futures contracts and cash or cash equivalents.

Market Position

Market Share: BTF holds a smaller market share compared to some of the larger Bitcoin futures ETFs.

Total Net Assets (AUM): 14780000

Competitors

Key Competitors

BITO
ARKB
IBIT

Competitive Landscape

The Bitcoin futures ETF market is competitive, with BITO holding the largest share. BTF faces competition from larger, more established ETFs with greater liquidity and brand recognition. BTF's smaller size and focused approach may appeal to some investors, but it also carries risks related to liquidity and tracking error.

Financial Performance

Historical Performance: Data not readily available due to the fund's relative youth and volatile market conditions. Historical data should be reviewed to analyze performance during different market cycles.

Benchmark Comparison: The ETF's performance should be compared to the price of Bitcoin and the performance of other Bitcoin futures ETFs. Tracking error should be monitored.

Expense Ratio: 0.95

Liquidity

Average Trading Volume

The average trading volume of BTF is relatively low, indicating potentially lower liquidity compared to larger ETFs.

Bid-Ask Spread

The bid-ask spread for BTF can be wider than that of more liquid ETFs, which increases the cost of trading.

Market Dynamics

Market Environment Factors

BTF's performance is highly correlated with the price of Bitcoin. Regulatory developments, macroeconomic conditions, and investor sentiment can all impact the fund's price.

Growth Trajectory

The growth trajectory of BTF depends on the adoption of Bitcoin and the demand for futures-based Bitcoin ETFs. Changes in futures contract specifications or regulatory frameworks could impact the ETF's strategy and holdings.

Moat and Competitive Advantages

Competitive Edge

BTF's competitive advantage is limited due to the presence of larger, more liquid competitors. Its focused approach on Bitcoin futures may appeal to some investors seeking exposure to Bitcoin price movements. However, the fund's smaller size and lower trading volume present challenges in terms of liquidity and tracking error. Valkyrie's expertise in the digital asset space could provide an edge in the long run.

Risk Analysis

Volatility

BTF exhibits high volatility due to the volatile nature of Bitcoin and Bitcoin futures contracts.

Market Risk

The primary market risk is the price fluctuation of Bitcoin and Bitcoin futures. Regulatory changes, security breaches, and market manipulation are additional risks.

Investor Profile

Ideal Investor Profile

The ideal investor is risk-tolerant, has a strong understanding of Bitcoin and futures contracts, and seeks exposure to Bitcoin price movements.

Market Risk

BTF is best suited for active traders or investors with a high-risk tolerance seeking short-term exposure to Bitcoin. It may not be suitable for long-term, risk-averse investors.

Summary

The Valkyrie Bitcoin Strategy ETF (BTF) offers exposure to Bitcoin's price movements through Bitcoin futures contracts. It is a high-risk, high-reward investment suitable for risk-tolerant investors with a deep understanding of the cryptocurrency market. BTF faces competition from larger, more liquid Bitcoin futures ETFs, and its performance is closely tied to the volatile price of Bitcoin. Investors should carefully consider the risks and potential benefits before investing. Due to its trading in futures, BTF experiences contango risk.

Similar Companies

BITO

ProShares Bitcoin Strategy ETF

$18.49

ETF

ETF

PASS

Sources and Disclaimers

Data Sources:

Valkyrie Funds Website
ETF.com
Bloomberg
Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and do not constitute investment advice. Investment decisions should be based on individual circumstances and a thorough understanding of the risks involved. Market data is subject to change.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Valkyrie Bitcoin Strategy ETF

Exchange NASDAQ	Headquaters -
IPO Launch date -	CEO -
Sector -	Industry -	Full time employees -	Website
Full time employees -	Website

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 ether (collectively, "Bitcoin and Ether Futures Contracts") and "Collateral Investments. It is non-diversified.

https://www.upturn.io

Disclosure Privacy Policy Terms of Use Sitemap Contact Us

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.