Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX)
BTFX is a passive ETF by Valkyrie tracking the investment results of the S&P CME Bitcoin Futures Index. BTFX launched on Feb 21, 2024 and has a 1.85% expense ratio.
ETF Info
Feb 21, 2024
1x
S&P CME Bitcoin Futures Index
Expense Ratio
BTFX has a high expense ratio of 1.85%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Valkyrie Bitcoin Futures Leveraged Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Valkyrie Bitcoin Futures Leveraged Strategy ETF had a return of -0.95% year-to-date (YTD) and 107.57% in the last 12 months.
BTFX
-0.95%
-16.35%
113.12%
107.57%
N/A
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of BTFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 6.72% | -0.95% | |||||||||||
| 2024 | 0.00% | 45.96% | 18.50% | -33.09% | 26.13% | -21.49% | 5.93% | -25.01% | 18.28% | 22.07% | 82.78% | -12.77% | 109.56% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BTFX is 47, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Valkyrie Bitcoin Futures Leveraged Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Valkyrie Bitcoin Futures Leveraged Strategy ETF was 62.26%, occurring on Sep 6, 2024. Recovery took 47 trading sessions.
The current Valkyrie Bitcoin Futures Leveraged Strategy ETF drawdown is 26.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.26% | Mar 14, 2024 | 122 | Sep 6, 2024 | 47 | Nov 12, 2024 | 169 |
| -32.87% | Dec 18, 2024 | 40 | Feb 18, 2025 | — | — | — |
| -17.53% | Mar 5, 2024 | 1 | Mar 5, 2024 | 3 | Mar 8, 2024 | 4 |
| -16.59% | Nov 25, 2024 | 2 | Nov 26, 2024 | 7 | Dec 6, 2024 | 9 |
| -11.23% | Dec 9, 2024 | 1 | Dec 9, 2024 | 5 | Dec 16, 2024 | 6 |
Volatility
Volatility Chart
The current Valkyrie Bitcoin Futures Leveraged Strategy ETF volatility is 19.05%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.