FT Vest Bitcoin Strategy Floor15 ETF - April

BFAP

Market cap $2.38M

While crypto adoption will likely always be price-driven to some extent, regulatory and political tailwinds have driven a steady influx of launches throughout the year despite price volatility. We are not even halfway through 2025 and have already seen around 27 crypto ETF launches.

On Friday, First Trust closed out the week by launching the FT Vest Bitcoin Strategy Floor15 ETF (BFAP).  For its investors, BFAP seeks to provide capped upside to bitcoin's price performance, along with downside security.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”) a leading exchange-traded fund (“ETF”) provider and asset manager, announced that it has launched two new bitcoin strategy ETFs this week: the Bitcoin Strategy Floor15 ETF Series of Target Outcome ETFs®: the FT Vest Bitcoin Strategy Floor15 ETF - April (NYSE Arca: BFAP) and the FT Vest Bitcoin Strategy & Target Income ETF (NYSE Arca: DFII) (the “funds”). The funds are the latest addition to First Trust's lineup of Tar.