AdvisorShares Managed Bitcoin Strategy ETF
CRYP
New York Stock Exchange Arca- -
USD
- -
- -
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 - Cryptocurrency
- Address
- DE United States of America
- IPO Date
- Apr 26, 2022
- CIK
- 0001408970
- Similar Companies
- Business
- AdvisorShares Managed Bitcoin Strategy ETF (NYSE Arca: CRYP) is an actively managed exchange-traded fund that seeks long-term capital appreciation through tactical exposure to bitcoin futures and related instruments. The ETF primarily invests in U.S. bitcoin-related exchange-traded funds (ETFs) and U.S. exchange-traded bitcoin futures contracts; it tactically adjusts its bitcoin exposure from zero to fully invested based on the portfolio manager's expectations for bitcoin's value, shifting to short-duration fixed income instruments during anticipated declines to manage risk. CRYP operates within the cryptocurrency and digital assets segment, targeting investors seeking risk-managed diversification in blockchain-related opportunities. Launched on April 27, 2022, CRYP is sponsored by AdvisorShares, a Bethesda, Maryland-based provider of actively managed ETFs founded in 2006, with the fund sub-advised by Morgan Creek Capital Management, LLC. Mark W. Yusko, CEO and CIO of Morgan Creek, serves as portfolio manager, leveraging proprietary indicators for dynamic allocation. The ETF trades on NYSE Arca and is distributed by Foreside Fund Services, LLC. No major changes, such as new partnerships, funding rounds, acquisitions, product launches, or strategic shifts, have been reported for CRYP within the last 1-2 years; it continues to operate under its original 2022 structure with ongoing active management amid evolving cryptocurrency market conditions. AdvisorShares maintains a portfolio of approximately 19 thematic, equity, and multi-asset ETFs, but CRYP remains a specialized offering focused on bitcoin strategy. The fund serves institutional and retail investors globally through U.S. exchanges, with AdvisorShares headquartered at 4800 Montgomery Ave, Suite 150, Bethesda, Maryland.