From Cointelegraph

April 4, 2025 2:55 PM:

First Trust Advisors launches two Bitcoin strategy ETFs aimed at offering investors exposure to Bitcoin while capping losses and generating yield. The FT Vest Bitcoin Strategy Floor15 ETF (BFAP) tracks Bitcoin’s performance with limited downside risk, while the FT Vest Bitcoin Strategy & Target Income ETF (DFII) aims to beat US Treasurys by at least 15% through active management. Both funds use financial derivatives for risk management and income generation.

Bitcoin ETFs collectively manage around $93 billion in assets as of April 4, with outflows seen after US President Trump’s tariff announcement. Grayscale also launched two Bitcoin strategy ETFs using financial derivatives for risk management and income. Other ETFs, like Bitwise’s holding stocks of companies with large Bitcoin treasuries, are gaining popularity. Spot BTC ETFs saw nearly $100 million in outflows on April 3 due to market volatility following Trump’s tariff announcement.

Read more at Cointelegraph: First Trust launches Bitcoin strategy ETFs