BIT Total Return Bond Fund (BTOP)
ARCA ARCA Primary Summary
BTOP Chart
BIT Total Return Bond Fund Dividends
| BTOP BTOP In 6 months Estimated | Annual | $20.82 Per Share |
| BTOP BTOP 5 months ago Paid | Annual | $20.82 Per Share |
| BTOP BTOP 22 Dec 2023 Paid | Annual | $1.99 Per Share |
BIT Total Return Bond Fund Earnings
| BTOP BTOP In 6 months Estimated | Annual | $20.82 Per Share |
| BTOP BTOP 5 months ago Paid | Annual | $20.82 Per Share |
| BTOP BTOP 22 Dec 2023 Paid | Annual | $1.99 Per Share |
BIT Total Return Bond Fund (BTOP) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has BIT Total Return Bond Fund ever had a stock split?
BIT Total Return Bond Fund Profile
| ARCA Exchange | United States Country |
Overview
The fund focuses on providing investors with strategic exposure to the digital currency market through futures contracts on bitcoin and ether. By maintaining an equal-weighted approach to both bitcoin and ether futures, the fund aims to capitalize on the growth and potential of these leading cryptocurrencies. The quarterly rebalancing of exposures ensures that the investment strategy adapts to market changes and maintains its equilibrium between the two digital assets. The designation of the fund as non-diversified signifies a targeted investment approach, concentrating on the possibilities within the bitcoin and ether futures market without diluting focus through broader asset diversification.
Products and Services
The fund offers a focused product aimed at investors seeking exposure to the cryptocurrency market via futures contracts. Here are the distinct features:
- Bitcoin Futures Contracts Exposure: The fund allocates half of its portfolio to futures contracts on bitcoin, the world’s leading cryptocurrency by market capitalization. This exposure aims to capitalize on the growth potential of bitcoin, offering investors an opportunity to participate in the digital currency market without holding the underlying assets directly.
- Ether Futures Contracts Exposure: Alongside bitcoin, the fund equally invests in futures contracts on ether, the cryptocurrency powering the Ethereum network. This part of the portfolio seeks to leverage the technological adoption and advancements of the Ethereum platform, including smart contracts and decentralized applications, offering a complementary growth potential to bitcoin exposure.
- Quarterly Rebalancing: To maintain the equal-weighting strategy between bitcoin and ether futures contracts, the fund advisor rebalances the portfolio quarterly. This systematic approach aims to ensure that the investment allocation remains aligned with the fund’s investment objective, adjusting for market movements and the evolving landscape of the cryptocurrency market.
Contact Information
