Key stats
About Global X Bitcoin Trend Strategy ETF
Home page
Inception date
Mar 21, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A4875
BTRN tracks an index that seeks to provide long-only exposure to US exchange-traded bitcoin futures contracts or a short-term US Treasury position. The index dynamically allocates between these two positions based on the value of a proprietary bitcoin trend indicator. The indicator aims to detect the presence, direction, and strength of the price trend of bitcoin. A combination of four exponential moving average calculations are considered in order to compute a single value of the average price of bitcoin over explicit periods. Based on this value, the index increases its allocation to bitcoin futures (up to 100%) when the value indicated is higher, and decreases (until 0%) when the value is lower. Any funds assets not allocated to the bitcoin futures position are subsequently allocated to the US Treasurys position, up to 100%. The fund seeks to gain exposure to BTC futures through investments in a Cayman Islands subsidiary.
Related funds
Classification
Symbol
Geography
Global
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF71.08%
Cash28.92%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BTRN trades at 38.58 USD today, its price has risen 0.38% in the past 24 hours. Track more dynamics on BTRN price chart.
BTRN net asset value is 38.59 today — it's fallen 4.29% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BTRN assets under management is 7.30 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BTRN price has fallen by −4.95% over the last month, and its yearly performance shows a 65.41% increase. See more dynamics on BTRN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −4.29% over the last month, have fallen by −4.29% over the last month, showed a 0.42% increase in three-month performance and has increased by 14.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −4.29% over the last month, have fallen by −4.29% over the last month, showed a 0.42% increase in three-month performance and has increased by 14.92% in a year.
BTRN fund flows account for 4.23 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BTRN invests in funds. See more details in our Analysis section.
BTRN expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BTRN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BTRN technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BTRN shows the neutral signal. See more of BTRN technicals for a more comprehensive analysis.
Today, BTRN technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BTRN shows the neutral signal. See more of BTRN technicals for a more comprehensive analysis.
Yes, BTRN pays dividends to its holders with the dividend yield of 2.31%.
BTRN trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BTRN shares are issued by Mirae Asset Global Investments Co., Ltd.
BTRN follows the CoinDesk Bitcoin Trend Indicator Futures Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 21, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.