Key stats
About CoinShares Valkyrie Bitcoin and Ether Strategy ETF
Home page
Inception date
Oct 22, 2021
Structure
Open-Ended Fund
Replication method
Physical
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 funds 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 funds 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
Government
Mutual fund
Bonds, Cash & Other100.00%
Government56.85%
Mutual fund43.21%
Cash−0.06%
Top 10 holdings
Symbol
Assets
U
United States Treasury Bills 0.0% 01-MAY-2025
56.85%
M
MUTUAL FUND (OTHER)
37.16%
F
First American Funds Inc X Treasury Obligations Fund
6.05%
U
U.S. Dollar
−0.06%
Top 10 weight100.00%
4 total holdings
Dividends
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
0.00
2.00
4.00
6.00
8.00
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Mar 19, 2025
Mar 19, 2025
Mar 20, 2025
0.050
Quarterly
Dec 24, 2024
Dec 24, 2024
Dec 31, 2024
7.431
Quarterly
Sep 19, 2024
Sep 19, 2024
Sep 26, 2024
0.120
Quarterly
Jun 20, 2024
Jun 20, 2024
Jun 27, 2024
0.120
Quarterly
Mar 20, 2024
Mar 21, 2024
Mar 27, 2024
0.088
Quarterly
Dec 20, 2023
Dec 21, 2023
Dec 27, 2023
1.949
Quarterly
Sep 20, 2023
Sep 21, 2023
Sep 27, 2023
0.073
Quarterly