Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP)
Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF operates in the Asset Management - Cryptocurrency industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $28.67, down 0.04% on the session, giving a market capitalisation of $4.4M. Its beta of 2.30 implies it has historically moved more than the broad market.
This fund's manager aims to meet its financial goals by maintaining an even allocation of capital across futures contracts linked to both Bitcoin and Ethereum. The proportions of these cryptocurrency derivative holdings are then recalibrated and rebalanced on a quarterly basis. It is also important to note that the fund itself is structured as a non-diversified investment vehicle.
Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF is most often compared with the following Financial Services names: