FIRST TRUST EXCHANGE-TRADED FUND registered 1 new fund series on Form 485APOS, filed 2024-11-22. Featured series: First Trust Bitcoin Floor 15 ETF - [Month].
| Series | Class | Ticker | New |
|---|---|---|---|
| First Trust Bitcoin Floor 15 ETF - [Month] | First Trust Bitcoin Floor 15 ETF - [Month] | BFAP | Yes |
The investment objective of the FT Vest Bitcoin Strategy Floor15 ETF April (the Fund ) is to seek to provide investors with returns (before fees and expenses) that match the price return of a reference asset which seeks to reflect generally (before fees and expenses) the performance of the price of bitcoin (the Bitcoin Reference Instrument ), up to a predetermined upside cap of 26.79% (before fees and expenses) while providing a maximum loss of 15% (before fees and expenses) of Bitcoin Reference Instrument losses, over the period from April 1, 2026 through April 9, 2027.