Global X - Bitcoin Trend Strategy ETF
BTRN
New York Stock Exchange Arca- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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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.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Mar 22, 2024
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X Bitcoin Trend Strategy ETF (BTRN) is an exchange-traded fund that seeks to provide investment results corresponding generally to the price and yield performance, before fees and expenses, of the CoinDesk Bitcoin Trend Indicator Futures Index. The fund employs a dynamic, long-only trend-following strategy leveraging the Bitcoin Trend Indicator (BTI), a daily signal developed by CoinDesk Indices that detects the presence, direction, and strength of bitcoin's price trend using averages of four exponential moving average pairs; based on the BTI signal ranging from -1 (significant downtrend) to +1 (significant uptrend), BTRN allocates between CME-listed bitcoin futures contracts and short-term U.S. Treasury bills primarily through the Global X 1-3 Month T-Bill ETF (CLIP), with rebalancing occurring weekly subject to a 50% turnover limit per period to manage volatility and taxable events. This approach aims to capture upside potential in bitcoin futures while limiting downside exposure during risk-off environments. Launched on March 21, 2024, on the New York Stock Exchange by Global X Management Company LLC, a subsidiary of Mirae Asset Financial Group founded in 2008 and headquartered at 605 Third Avenue in New York City, BTRN operates within the digital assets and commodities sector targeting investors seeking regulated, risk-managed exposure to bitcoin price trends without direct self-custody. BTRN maintains primary exposure to bitcoin futures and U.S. Treasury bills across U.S. markets, with holdings as of the latest data including CME Bitcoin Futures (December 2025 contracts at approximately 25.67% exposure), CLIP at 75.04%, short-term Treasury bills maturing in early 2026 totaling around 18.88%, and cash equivalents at 6.11%, supporting a net asset value of about $5.3 million under a 0.95% management fee. No significant partnerships, acquisitions, funding rounds, or strategic shifts specific to BTRN have been reported since its inception through late 2025, with the fund focusing on steady implementation of its core methodology amid broader Global X innovations in thematic and crypto-related ETFs.