Key stats
About CI Galaxy Bitcoin ETF Trust Units -Unhedged-
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Inception date
Mar 5, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
CI Investments, Inc.
ISIN
CA12563N2023
The fund invests directly in BTC to meet its investment objective, relying on service providers such as custodians, trading platforms, and counterparties for its management. Its holdings and NAV are priced and calculated using the Bloomberg Galaxy Bitcoin Index an index that tracks BTC performance in US dollars. The index employs a time-weighted average price algorithm based on eligible trades within a 30-minute window. The manager may change pricing sources, prioritizing data reliability, anti-money laundering controls, know-your-client processes, and price manipulation safeguards. As a passive fund, it does not hedge or actively manage holdings against BTC price declines. A portfolio sub-adviser conducts all digital asset trading under a formal agreement. On April 26, 2021 the Issuer merged a mutual fund, sharing the same exposure, into this fund.
Classification
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BTCX.B assets under management is 1.43 B CAD. It's risen 1.93% over the last month.
BTCX.B fund flows account for −5.64 M CAD (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.
No, BTCX.B doesn't pay dividends to its holders.
BTCX.B shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Mar 5, 2021, and its management style is Passive.
BTCX.B expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
BTCX.B follows the Bloomberg Galaxy Bitcoin Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BTCX.B invests in cash.
BTCX.B price has risen by 1.04% over the last month, and its yearly performance shows a 84.24% increase. See more dynamics on BTCX.B price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.10% over the last month, showed a 11.60% increase in three-month performance and has increased by 92.76% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.10% over the last month, showed a 11.60% increase in three-month performance and has increased by 92.76% in a year.
BTCX.B trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.