FT Vest Bitcoin Strategy Floor15 ETF - October
BFOC
New York Stock Exchange Arca- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Oct 1, 2025
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC) is an exchange-traded fund that seeks to deliver returns matching the price performance of bitcoin, as tracked by the Cboe Bitcoin U.S. ETF Index (the Bitcoin Reference Instrument), up to a predetermined upside cap of 28.46% before fees and expenses, while buffering maximum losses to 15% of Bitcoin Reference Instrument declines before fees and expenses, over its Target Outcome Period from October 1, 2025, through September 30, 2026. The fund pursues this objective through an options-based strategy employing FLEX Options, standardized listed options, and/or over-the-counter options referenced to the Bitcoin Reference Instrument; short-term U.S. Treasury securities; and cash equivalents, including box spreads. Launched with an inception date of September 30, 2025, BFOC operates within the cryptocurrency asset class as part of the broader Target Outcome ETFs series managed under First Trust Advisors L.P., founded in 1991 and headquartered in Wheaton, Illinois, in strategic alliance with Vest Financial LLC, the pioneer of Target Outcome strategies. In April 2025, First Trust introduced its inaugural Bitcoin strategy ETFs, including the related FT Vest Bitcoin Strategy Floor15 ETF - April (BFAP), marking a significant expansion into risk-managed cryptocurrency exposure amid rapid growth in the Target Outcome lineup to over $28 billion in assets as of February 2025. This launch reflects First Trust's ongoing innovation in outcome-focused investments, building on Vest Financial's expertise in buffer and floor strategies without reported subsequent acquisitions, funding rounds, or operational reorganizations specific to BFOC in the past year. The fund targets sophisticated investors seeking defined-risk participation in bitcoin's volatility, with shares traded on NYSE Arca and a net expense ratio of 0.90%.