BTF
·NASDAQ
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Key Stats
Assets Under Management
12.24MUSD
Fund Flows (1Y)
-2.45MUSD
Dividend Yield
286.21%
Discount/Premium to NAV
0.01%
Shares Outstanding
4.70M
Expense Ratio
1.25%
About CoinShares Bitcoin and Ether ETF
Issuer
Valkyrie Funds LLC
Brand
CoinShares
Home Page
Inception Date
Oct 21, 2021
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
No distributions
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Valkyrie Funds LLC
Distributor
ALPS Distributors, Inc.
BTF invests in front month bitcoin and ether futures contracts through a subsidiary in the Cayman Islands, maintaining an equal weight for both at each monthly rebalance. The fund does not directly invest in bitcoin or ether. The total notional value of the futures aims to be 100% of the fund's net assets. The fund trades contracts exclusively on the CME, their value derived from the CME CF Bitcoin and Ether Reference Rates. BTF invests its remaining assets in collateral investments, aiming to provide liquidity and cover the margin requirements of the fund's futures portfolio. If the fund reaches position limits set by the derivatives exchange, it could opt for futures contracts with extended terms or increase collateral investments. Prior to October 3, 2023, the fund traded under the name Valkyrie Bitcoin Strategy ETF, holding only bitcoin futures.
Classification
Asset Class
Currency
Category
Basket
Focus
Long Cryptocurrency Basket, Short USD
Niche
Derivative
Strategy
Active
Geography
Global
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -57.13% | -69.61% | -65.33% | -76.44% | -20.06% | -79.37% |
NAV Total Return | +3.53% | -25.27% | -14.84% | -14.60% | +249.02% | -0.02% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
CME Ether Future Dec25
141.56%
United States Treasury Bill 01/29/2026
49.88%
CME Bitcoin Fut Dec25
49.12%
First American Treasury Obligations Fund 01/01/2040
-82.86%
Top 10 Weight 157.7%
4 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-17 | 2025-12-17 | 2025-12-18 | 7.464 |
| 2025-09-18 | 2025-09-18 | 2025-09-19 | 0.060 |
| 2025-06-17 | 2025-06-17 | 2025-06-18 | 0.050 |
| 2025-03-19 | 2025-03-19 | 2025-03-20 | 0.050 |
| 2024-12-24 | 2024-12-24 | 2024-12-31 | 7.431 |
| 2024-09-19 | 2024-09-19 | 2024-09-26 | 0.120 |
| 2024-06-20 | 2024-06-20 | 2024-06-27 | 0.120 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
