Reasons to Consider BTRN

Bitcoin Futures Exposure

By investing in the regulated bitcoin futures market, BTRN offers a novel and transparent way of gaining exposure to bitcoin futures, without the need for self-custody.

Capture Systematic Trends

BTRN is designed to help navigate the volatility of bitcoin prices, potentially enhancing risk-adjusted performance relative to a direct investment in bitcoin or bitcoin futures.¹

Minimize Downside Risk

BTRN seeks to mitigate the severity and extent of drawdowns by dynamically allocating between bitcoin futures and short-term treasuries, based on signal developed by CoinDesk Indices.

¹Bitcoin-related investments may experience price volatility, potentially declining without warning, including to zero

Key Information

As of May 01 2025

Inception Date

03/20/24

Total Expense Ratio

0.95%

Net Assets

$6.47 million

NAV

$35.93

Fact Sheet

ETF Summary

The Global X Bitcoin Trend Strategy ETF (BTRN) is a long-only allocation strategy designed to maintain exposure to CME-listed bitcoin futures proportionate to the strength of the Bitcoin Trend Indicator (“BTI”) by CoinDesk Indices. BTRN maintains greater exposure to CME bitcoin futures when the price trend is positive and moves to a risk-off position when that trend reverses, allocating to the Global X 1-3 Month T-Bill ETF (CLIP) or similar exposure.

ETF Objective

The Global X Bitcoin Trend Strategy ETF (BTRN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the CoinDesk Bitcoin Trend Indicator Futures Index.

Trading Details

As of May 01 2025

Ticker

BTRN

Bloomberg Index Ticker

BTIUSF

CUSIP

37960A487

ISIN

US37960A4875

Primary Exchange

NYSE Arca

Shares Outstanding

180,000

Number of Holdings

30-Day Median Bid-Ask Spread

0.41%

Trading Details

Distributions

As of May 01 2025

30-Day SEC Yield

3.40%

Distribution Frequency

Semi-Annually

Distributions

ETF Prices

As of May 01 2025

NAV	$35.93	Daily Change	$0.70	1.99%
Market Price	$35.95	Daily Change	$0.70	1.99%

ETF Prices

NAV		Daily Change
Market Price		Daily Change

Performance History

As of recent(Mar 31 2025)	Fund NAV	Market Price	Index
1 Year	-1.88%	-2.08%	0.36%
Since Inception	4.24%	4.24%	8.69%

Performance History

	Fund NAV	Market Price	Index

Top Holdings

As of May 01 2025

Exposure (%)	Ticker	Name	SEDOL	Price/Unit ($)	Units Held	Exposure Amount ($)	Market Value ($)	Market Value (%)
75.14	BTCK5 Curncy	CME BITCOIN FUT MAY25		486,025.00	10.00	4,860,250.00	4,860,250.00
0.45	BMRK5 Curncy	CME MICRO BITCOIN MAY25		9,720.50	3.00	29,161.50	29,161.50
	CLIP	GLOBAL X 1-3 MONTH T-BILL	BS096K4	100.05	50,260.00		5,028,513.00	77.74
		B 06/12/25	BSLSTR8	1.00	400,000.00		398,075.28	6.15
		B 07/17/25	BTFK9C2	0.99	300,000.00		297,352.09	4.60
		B 07/03/25	BRJWQM9	0.99	250,000.00		248,192.74	3.84
		B 07/24/25	BTWN742	0.99	200,000.00		198,072.56	3.06
		CASH		1.00	284,275.29		284,275.29	4.40