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Valkyrie Bitcoin Strategy ETF (BTF)
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Upturn Advisory Summary
11/05/2025: 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.
Analysis of Past Performance
Type ETF | Historic Profit 164.11% | Avg. Invested days 47 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/05/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 8.53 - 26.25 | Updated Date 06/29/2025 |
52 Weeks Range 8.53 - 26.25 | Updated Date 06/29/2025 |
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 ETF offers exposure to Bitcoin through regulated derivatives.
Reputation and Reliability
Valkyrie is a relatively new, but reputable asset manager specializing in digital asset ETFs. They are generally considered reliable within this niche market.
Management Expertise
Valkyrie has assembled a team with experience in both traditional finance and the cryptocurrency space. Management expertise appears strong, although the firm's track record is still developing.
Investment Objective
Goal
To seek capital appreciation by investing 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 Primarily Bitcoin futures contracts, cash, and potentially other related investments.
Market Position
Market Share: BTF's market share in the Bitcoin futures ETF sector is modest.
Total Net Assets (AUM): 17230000
Competitors
Key Competitors
- BITO
- XBTF
Competitive Landscape
The Bitcoin futures ETF market is dominated by ProShares' BITO. BTF faces strong competition, with its advantages potentially lying in lower expense ratios or differentiated investment strategies, while disadvantages stem from lower liquidity and brand recognition.
Financial Performance
Historical Performance: Historical performance is highly correlated with Bitcoin's price movements. Data needed from inception date.
Benchmark Comparison: The ETF's performance should be compared to the price of Bitcoin, keeping in mind the contango effect in futures markets.
Expense Ratio: 0.0095
Liquidity
Average Trading Volume
The average trading volume of BTF is moderate, allowing for relatively easy entry and exit for most investors.
Bid-Ask Spread
The bid-ask spread can vary, reflecting market volatility and trading volume but is generally manageable.
Market Dynamics
Market Environment Factors
Factors include Bitcoin adoption rates, regulatory developments, macroeconomic conditions, and investor sentiment towards cryptocurrencies.
Growth Trajectory
Growth depends heavily on the overall market for Bitcoin and investor appetite for futures-based exposure. Any adjustments to fund management or regulatory changes will affect growth.
Moat and Competitive Advantages
Competitive Edge
BTF's competitive edge is not pronounced given BITO's dominance. It may offer a slightly different approach to futures contract management or a lower expense ratio occasionally. However, brand recognition and first-mover advantage are significant hurdles. Therefore, BTF's advantage relies on specific investors preferring their strategies or terms.
Risk Analysis
Volatility
The ETF exhibits high volatility due to its exposure to Bitcoin futures, which are inherently volatile assets.
Market Risk
Market risk includes the risk of Bitcoin price declines, contango risk in futures markets, and regulatory uncertainty surrounding cryptocurrencies.
Investor Profile
Ideal Investor Profile
The ideal investor is someone comfortable with high volatility and seeking indirect exposure to Bitcoin through a regulated investment vehicle.
Market Risk
Suitable for active traders seeking short-term exposure or investors with a high-risk tolerance seeking long-term exposure to Bitcoin's price movements.
Summary
The Valkyrie Bitcoin Strategy ETF (BTF) offers investors a way to gain exposure to Bitcoin's price movements through Bitcoin futures contracts. It's a high-risk, high-reward investment suitable for those comfortable with volatility and regulatory uncertainties. Compared to direct Bitcoin ownership, it provides a regulated and potentially more tax-efficient route. However, it is facing fierce competition from BITO which owns most of the market share. Its success hinges on investor appetite and effective futures contract management to minimize contango effects.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Valkyrie Funds website
- ETF.com
- Yahoo Finance
- Bloomberg
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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.
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.