CoinShares Bitcoin and Ether ETF (BTF)Digital Assets | Exchange Traded Fund | NasdaqGM
21.40 USD
-0.59
(-2.701%) ⇩
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★★☆ | Long-term: ★★★★☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 11:53 p.m. EDT
BTF presents a high-conviction short-term bullish opportunity backed by a solid long-term thesis, but investors must ignore the misleading 197% dividend yield, which is an accounting artifact of the massive one-time distribution of crypto exposure. The recent ~21% price build-up from the lows and the strong option flow at the 21.0 strike confirm momentum is building above the 50-day MA. This is a momentum buy for exposure to BTC/ETH appreciation, not a dividend play. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.288874 |
| AutoETS | 0.289940 |
| AutoARIMA | 0.289943 |
| AutoTheta | 0.301406 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 0.83 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 4.11 |
As of April 18, 2026, 11:53 p.m. EDT: Short-term sentiment (April expiry) is highly bullish, evidenced by a 227% spike ('top OI') in 21.0 strike ATM calls with new volume flow, while 17.0 OTM puts show negative distribution flow. The massive position in deep ITM 5.0 and 15.0 June puts suggests long-term positioning rather than escaping upside, given the current price is ~22.00. Implied Volatility is low/flat for longer tenors, indicating normalized pricing expectations.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.30% | 149.98% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-19 | 0.060 | 0.303828 |
| 2025-12-17 | 37.320 | 147.951393 |
| 2025-09-18 | 0.300 | 0.792036 |
| 2025-06-17 | 0.250 | 0.936942 |
| 2025-03-19 | 0.250 | 1.150339 |
| 2024-12-24 | 37.155 | 118.389276 |
| 2024-09-19 | 0.600 | 2.784255 |
| 2024-06-20 | 0.600 | 2.269061 |
| 2024-03-20 | 0.440 | 1.659179 |
| 2023-12-20 | 9.745 | 55.078188 |
| 2023-09-20 | 0.365 | 3.160592 |
| 2023-06-21 | 0.580 | 4.386223 |
| Attribute | Value |
|---|---|
| All Time High | 136.35 |
| All Time Low | 15.797 |
| Ask | 21.41 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 8,660 |
| Average Daily Volume3 Month | 15,242 |
| Average Volume | 15,242 |
| Average Volume10Days | 8,660 |
| Beta3 Year | 0.0 |
| Bid | 21.36 |
| Bid Size | 8 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.44 |
| Day Low | 20.975 |
| Dividend Yield | 197.93 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 19.55224 |
| Fifty Day Average Change | 1.8438587 |
| Fifty Day Average Change Percent | 0.09430422 |
| Fifty Two Week Change Percent | -57.547615 |
| Fifty Two Week High | 97.1 |
| Fifty Two Week High Change | -75.7039 |
| Fifty Two Week High Change Percent | -0.77964884 |
| Fifty Two Week Low | 17.34 |
| Fifty Two Week Low Change | 4.056099 |
| Fifty Two Week Low Change Percent | 0.23391573 |
| Fifty Two Week Range | 17.34 - 97.1 |
| First Trade Date Milliseconds | 1,634,909,400,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Valkyrie ETF Trust II |
| Fund Inception Date | 1,634,774,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,021-10-22 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing all or substantially all of its assets in exchange-traded futures contracts on bitcoin and ether(individually, “Bitcoin Futures Contracts” and “Ether Futures Contracts” and, collectively, “Bitcoin and Ether Futures Contracts”) and “Collateral Investments”. It is non-diversified. |
| Long Name | CoinShares Bitcoin and Ether ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1681850195 |
| Nav Price | 22.0093 |
| Net Assets | 15,713,726.0 |
| Net Expense Ratio | 1.27 |
| Open | 21.19 |
| Previous Close | 21.99 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.5939007 |
| Regular Market Change Percent | -2.7007763 |
| Regular Market Day High | 21.44 |
| Regular Market Day Low | 20.975 |
| Regular Market Day Range | 20.975 - 21.44 |
| Regular Market Open | 21.19 |
| Regular Market Previous Close | 21.99 |
| Regular Market Price | 21.3961 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 7,463 |
| Short Name | CoinShares Bitcoin and Ether ET |
| Source Interval | 15 |
| Symbol | BTF |
| Three Year Average Return | 0.1905798 |
| Total Assets | 15,713,726 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -26.40119 |
| Trailing Three Month Returns | -26.40119 |
| Triggerable | 1 |
| Two Hundred Day Average | 56.01572 |
| Two Hundred Day Average Change | -34.61962 |
| Two Hundred Day Average Change Percent | -0.618034 |
| Type Disp | ETF |
| Volume | 7,463 |
| Yield | 1.9792999 |
| Ytd Return | -26.40119 |