New ETFs Offer Bitcoin Exposure With Built-In Safety Nets
For crypto-curious investors who’ve been sitting on the sidelines, wary of Bitcoin’s infamous volatility, there are two new funds on the block. On Friday, First Trust Advisors, in partnership with Vest Financial, officially launched the FT Vest Bitcoin Strategy Floor15 ETF (NYSE:BFAP) and the FT Vest Bitcoin Strategy & Target Income ETF (NYSE:DFII)—the latest additions to their growing suite of Target Outcome ETFs.
Offering a slice of Bitcoin’s potential upside while placing a clear guardrail on the downside makes BFAP stand out in a sea of Bitcoin-linked ETFs.
According to Ryan Issakainen, Senior VP and ETF Strategist at First Trust, “Over the past few years, investors have shown a remarkably strong appetite for Bitcoin-linked ETFs, but the potential for sharp drawdowns has …
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