First Trust Unleashes New Bitcoin ETFs, Shaking Up the Crypto Investment Scene!

Two Fresh Bitcoin Strategy ETFs Hit the Market

Hold onto your hats, crypto fans! First Trust Advisors just dropped not one, but two sizzling new Bitcoin strategy exchange-traded funds, pumping up their already massive $28 billion in net assets!

On April 4, First Trust let the world know they launched these Bitcoin (BTC) powerhouses this week. Get ready to dive in!

These Bitcoin ETFs are the latest addition to the Floor15 ETF Series of Target Outcome ETFs. You can find the FT Vest Bitcoin Strategy Floor15 ETF – April and the FT Vest Bitcoin Strategy & Target Income ETF trading hot on the NYSE Arca under the tickers BFAP and DFII, respectively.

“The FT Vest Bitcoin Strategy Floor15 ETF – April is a game-changer for risk-managed crypto investing. We're setting a new standard with a defined floor and upside cap, giving investors a controlled way to ride the Bitcoin wave while keeping the downside in check. This is all about Vest’s dedication to outcome-focused strategies that bring more certainty and clarity to your portfolio,” Jeff Chang, president of Vest, exclaimed with excitement.

Ryan Issakainen, senior vice president and ETF strategist at First Trust, added that these launches are the culmination of years of demand for Bitcoin-linked ETFs. BFAP is your ticket to tap into BTC's wild upside potential, all while knowing exactly what you're risking on the downside.

But wait, there's more! First Trust is betting big on DFII too. Issakainen pointed out that this fund lets investors surf the waves of Bitcoin’s notorious volatility. Want to make some income? Start selling those call options and watch the cash roll in!

First Trust is managing DFII with an active hand, with a whopping 80% of its net assets parked in Bitcoin and income-generating investments. And get this: their Target Outcome ETFs have seen a mind-blowing 53% spike in net assets over the past year, reaching over $28 billion by the end of February. The crypto revolution is here, and First Trust is leading the charge!