BFAP - FT Vest Bitcoin Strategy Floor15 ETF - April
The FT Vest Bitcoin Strategy Floor15 ETF - April (referred to as "the Fund") has been established with the primary goal of delivering returns to investors that closely track the price movements of a designated Bitcoin-related benchmark, termed the "Bitcoin Reference Instrument," prior to any deductions for fees or expenses. This investment strategy, effective from April 4, 2025, through March 31, 2026, is structured to offer exposure to Bitcoin's performance within specific boundaries. While aiming to capture the upside potential, the Fund's gains are capped at a predetermined 34.
- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Market Cap
- $1.5M
- Beta
- 1.23
- 52-Week Range
- 13.69-24.841
- Dividend Yield
- $3.44
- IPO Date
- Apr 4, 2025
- Exchange
- AMEX
BFAP Options Snapshot
Options pricing data for BFAP is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The BFAP overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked BFAP overview questions
- What is BFAP?
- BFAP is the ticker symbol for FT Vest Bitcoin Strategy Floor15 ETF - April, an listed exchange-traded fund. The FT Vest Bitcoin Strategy Floor15 ETF - April (referred to as "the Fund") has been established with the primary goal of delivering returns to investors that closely track the price movements of a designated Bitcoin-related benchmark, termed the "Bitcoin Reference Instrument," prior to any deductions for fees or expenses. This investment strategy, effective from April 4, 2025, through March 31, 2026, is structured to offer exposure to Bitcoin's performance within specific boundaries. Listed on AMEX. BFAP is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are BFAP's key statistics?
- FT Vest Bitcoin Strategy Floor15 ETF - April (BFAP) carries a market capitalization of $1.5M, 52-week range of 13.69-24.841. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does BFAP belong to?
- FT Vest Bitcoin Strategy Floor15 ETF - April operates in the Financial Services sector, in the Asset Management - Cryptocurrency industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare BFAP's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the BFAP data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for BFAP, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.