Key stats
About CoinShares Valkyrie Bitcoin and Ether Strategy ETF
Home page
Inception date
Oct 22, 2021
Structure
Open-Ended Fund
Replication method
Synthetic
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 Cayman Islands subsidiary, 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. On Oct. 3, 2023, the fund changed its name from Valkyrie Bitcoin Strategy ETF to Valkyrie Bitcoin and Ether Strategy ETF, reflecting an added exposure to ether futures. Effective Oct. 31, 2024, due to an acquisition, BTF incorporated ‘CoinShares’ in its name.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Government
Bonds, Cash & Other100.00%
Mutual fund62.13%
Government37.88%
Cash−0.02%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BTF last dividends amounted to 0.05 USD. The quarter before, the issuer paid 7.43 USD in dividends, which shows a 14.76 K% decrease.
BTF assets under management is 34.07 M USD. It's risen 26.64% over the last month.
BTF fund flows account for −3.49 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BTF pays dividends to its holders with the dividend yield of 58.45%. The last dividend (Mar 20, 2025) amounted to 0.05 USD. The dividends are paid quarterly.
BTF shares are issued by Coinshares International Ltd. under the brand CoinShares. The ETF was launched on Oct 22, 2021, and its management style is Active.
BTF expense ratio is 1.25% meaning you'd have to pay 1.25% of your investment to help manage the fund.
BTF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BTF invests in funds.
BTF price has risen by 26.65% over the last month, and its yearly performance shows a −37.81% decrease. See more dynamics on BTF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 19.52% increase in three-month performance and has decreased by −4.78% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 19.52% increase in three-month performance and has decreased by −4.78% in a year.
BTF trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.