DV
Dividend Vision

BFAP — FT Vest Bitcoin Strategy Floor15 ETF - April

FT Vest Bitcoin Strategy Floor15 ETF - April (BFAP)

BFAP pays a 0.29% distribution rate, on a 0.90% expense ratio. Its Distribution Safety Score™ is 34 (Elevated risk). Total return is -15.3% over the past 1.4 years, 71.1 points behind SPY at 55.8%. Its deepest 1-year drawdown was 34.1%.

This ETF from First Trust provides exposure to bitcoin while incorporating a floor mechanism designed to limit downside risk; under normal conditions it invests at least 80% of its net assets in bitcoin-related investments and instruments that establish the floor protection. The fund carries a modest distribution rate and an expense ratio of 0.90%, with a small asset base. It appeals to investors seeking cryptocurrency exposure with some downside protection, though the floor mechanism comes with the trade-off of higher fees than standard bitcoin investment options.

BFAP key facts

Distribution Safety Score™
34 · Elevated risk
Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
04/03/2025
Expense ratio
0.90%
Distribution rate
0.29%
Trailing yield
24.38%
Last close
$14.12
AUM
$2,128,889
Average volume
10.0
Last dividend
$3.4430
Ex-dividend date
12/29/2025
Payment date
12/23/2026