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Upturn AI SWOT - About
Valkyrie Bitcoin Strategy ETF (BTFD)
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Upturn Advisory Summary
08/05/2025: BTFD (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star 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 163.44% | Avg. Invested days 39 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/05/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 8.50 - 17.32 | Updated Date - |
52 Weeks Range 8.50 - 17.32 | Updated Date - |
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 directly invest in bitcoin. The ETF provides exposure to bitcoin's price movements without requiring direct ownership of the cryptocurrency.
Reputation and Reliability
Valkyrie Funds is a relatively newer issuer in the ETF space, specializing in digital asset strategies. Their reputation is growing, but they lack the long-term track record of established firms.
Management Expertise
The management team has experience in both traditional finance and cryptocurrency investments, providing a blend of expertise.
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 The ETF primarily holds bitcoin futures contracts and cash. A smaller percentage may be in money market instruments.
Market Position
Market Share: BTF's market share fluctuates depending on investor sentiment and inflows to the bitcoin futures ETF market.
Total Net Assets (AUM): 18250000
Competitors
Key Competitors
- ProShares Bitcoin Strategy ETF (BITO)
- VanEck Bitcoin Strategy ETF (XBTF)
- Global X Bitcoin Trend Strategy ETF (BTRN)
Competitive Landscape
The Bitcoin futures ETF market is dominated by BITO. BTF is smaller and faces significant competition. Advantages may include lower expense ratios during certain periods or slight differences in futures contract management. BTF's disadvantages are its smaller AUM and lower trading volume compared to larger competitors like BITO.
Financial Performance
Historical Performance: Historical performance is directly tied to bitcoin futures prices and can be highly volatile. Data should be obtained from financial data providers.
Benchmark Comparison: The ETF's benchmark is the price of bitcoin futures contracts. Performance should be compared to the CME bitcoin futures index.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
BTF's average trading volume is moderate, usually sufficient for most investors, but lower than the larger Bitcoin ETFs.
Bid-Ask Spread
The bid-ask spread for BTF can vary depending on market conditions and is usually moderate but can widen during volatile periods.
Market Dynamics
Market Environment Factors
The ETF is affected by factors influencing bitcoin prices, including regulatory developments, macroeconomic conditions, and investor sentiment towards cryptocurrencies.
Growth Trajectory
The growth trajectory is closely linked to the adoption of bitcoin as an asset class and the demand for regulated investment vehicles offering bitcoin exposure. Changes would likely reflect adjustments to the futures contract strategy.
Moat and Competitive Advantages
Competitive Edge
BTF's competitive edge is limited given its size and the dominance of larger competitors like BITO. Valkyrie's experience in digital assets could be a differentiating factor. However, they need to significantly increase AUM and trading volume to gain a stronger foothold. Brand recognition and marketing efforts are also crucial for gaining market share.
Risk Analysis
Volatility
The ETF is highly volatile due to its exposure to bitcoin futures, which are themselves subject to significant price swings.
Market Risk
Market risk includes the inherent volatility of bitcoin, regulatory uncertainty, and potential changes in investor sentiment towards cryptocurrencies.
Investor Profile
Ideal Investor Profile
The ideal investor is someone with a high-risk tolerance seeking exposure to bitcoin's price movements through a regulated investment vehicle. They should understand the risks associated with futures contracts and be comfortable with significant price fluctuations.
Market Risk
The ETF is more suitable for active traders or those seeking short-term exposure to bitcoin. It may not be ideal for long-term, risk-averse investors due to its volatility.
Summary
The Valkyrie Bitcoin Strategy ETF provides a way to invest in bitcoin's price movement through futures contracts. It offers exposure to Bitcoin within a regulated ETF structure, but is inherently risky due to Bitcoin's volatility and the nature of futures contracts. BTF faces stiff competition from larger, more liquid ETFs in the same space. Investors should carefully consider their risk tolerance and investment objectives before investing in BTF, weighing the risks and potential rewards.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Valkyrie Funds
- SEC Filings
- CME Group
- Financial Data Providers (e.g., Bloomberg, Reuters)
Disclaimers:
The data provided is for informational purposes only and does not constitute investment advice. Investing in ETFs involves risk, including the potential loss of principal. 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 NYSE | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Valkyrie ETF Trust II - Valkyrie Bitcoin Strategy ETF is an exchange traded fund launched and managed by Valkyrie Funds LLC. The fund is co-managed by Vident Investment Advisory, LLC. It invests in fixed income and currency markets. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities. For its currency portion, it invests through derivatives in bitcoin. The fund uses derivatives such as futures to create its portfolio. It seeks to invest in CME bitcoin futures contracts through its wholly-owned subsidiary organized under the laws of the Cayman Islands. Valkyrie ETF Trust II - Valkyrie Bitcoin Strategy ETF is domiciled in the United States.
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.