Amplify ETFs Introduces Dynamic Bitcoin Fund BNAV
The Amplify Fairlead Tactical Bitcoin ETF (BNAV) has been launched by Amplify ETFs, marking a new era in bitcoin investing. The fund is sub-advised by Fairlead Asset Management LLC and actively managed by Katie Stockton, CMT, a technical analyst with decades of experience.
BNAV aims to provide long-term capital appreciation by dynamically adjusting bitcoin exposure based on trend-driven technical signals. It seeks to outperform a buy-and-hold bitcoin approach over a full market cycle, with the potential for improved risk-adjusted returns.
The fund accesses bitcoin primarily through bitcoin ETP options and has the flexibility to use derivatives to achieve exposure above 100% of net assets. It is designed to participate in bitcoin momentum while adapting to changing market conditions, toggling exposure between 70% and 150% of net assets based on evolving market trends.