Compare with Amplify Fairlead Tactical Bitcoin ETF
Key stats
Details
Home page
Inception date
Jul 29, 2026
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Amplify Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US0321082929
CUSIP
032108292
FIGI
BBG023DXTTV5
Identifiers
ISIN US0321082929
BNAV seeks long-term capital appreciation by allocating its Bitcoin (BTC) exposure and adapting to changing market conditions. The fund does not invest directly in BTC but in related instruments, including ETPs, options, and futures contracts. Under favorable conditions, the fund may employ leverage of up to 150% through derivatives. Leverage may magnify both gains and losses, increasing volatility. The fund uses US-listed options referencing an ETP or index to create synthetic exposure. It may utilize exchange-traded or FLEX options contracts, as well as cash-settled futures through a wholly owned Cayman Island subsidiary. The fund employs a proprietary model using historical data, such as price, momentum, and volatility, to adjust exposure between 70% and 150%. The model evaluates trends across multiple time horizons, classifying market conditions as higher or lower conviction. The actively managed ETF may increase or decrease exposure based on trends, momentum, or risk.
Classification
Symbol
Geography
Global
What's in the fund
Exposure type
Mutual fund
Government
Bonds, Cash & Other100.00%
Mutual fund76.70%
Government22.22%
Rights & Warrants1.60%
Cash−0.51%
Top 10 holdings
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BNAV trades at 25.08 USD today, its price has fallen −1.98% in the past 24 hours. Track more dynamics on BNAV price chart.
BNAV assets under management is 758.28 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BNAV fund flows account for 749.98 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BNAV invests in funds. See more details in our Profile section.
BNAV expense ratio is 0.74%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, BNAV is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, BNAV doesn't pay dividends to its holders.
BNAV trades at a premium (0.27%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BNAV shares are issued by Amplify Holding Co. LLC
BNAV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 29, 2026.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.