- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Sep 21, 2021
- Business
- First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an actively managed exchange-traded fund that seeks capital appreciation by investing at least 80% of its net assets in securities of Crypto Industry Companies and Digital Economy Companies; at least 50% targets Crypto Industry Companies, including those engaged in crypto asset mining, crypto mining hardware, crypto trading and asset management, and companies with crypto balance sheet investments such as bitcoin exchange-traded products (ETPs). The fund's portfolio features prominent holdings like MicroStrategy Incorporated, Coinbase Global, Inc., Galaxy Digital Holdings Ltd., Metaplanet Inc., and Robinhood Markets, Inc., alongside other crypto miners (e.g., IREN Ltd., CleanSpark, Inc., MARA Holdings, Inc.), trading platforms, and bitcoin ETPs including iShares Bitcoin Trust ETF, Fidelity Wise Origin Bitcoin Fund, Invesco Galaxy Bitcoin ETF, VanEck Bitcoin ETF, and Bitwise Bitcoin ETF; Digital Economy Companies encompass online banking services, digital payment gateways, online asset management and trading platforms, semiconductor manufacturing, and software services. CRPT operates globally with primary exposure to U.S. companies (approximately 63%), supplemented by investments in Japan (11-12%), Canada, Australia, and other regions.
Launched on September 20, 2021, and domiciled in the United States, the ETF is part of First Trust Exchange-Traded Fund VIII and trades on NYSE Arca; First Trust Advisors L.P., headquartered at 120 E. Liberty Drive, Suite 400, Wheaton, Illinois, serves as the investment adviser, with sub-advisory provided by SkyBridge Capital II, LLC, founded by Anthony Scaramucci and Brett Messing as portfolio managers.
Recent portfolio adjustments reflect ongoing active management amid crypto market volatility, including top holdings shifts as of late 2025 with MicroStrategy at around 19-20%, Coinbase at 18%, Metaplanet rising to 12-16%, and bitcoin ETPs comprising roughly 20-25% of assets; the fund delivered a 74% return in 2024, attributed to holdings in digital ecosystem leaders like MicroStrategy and Coinbase. No major acquisitions, funding rounds, partnerships, or structural changes for the ETF itself were reported in 2024-2025, though underlying holdings benefited from broader crypto industry expansions and bitcoin price surges.