Trading a BTF straddle lets you take a pure volatility position on CoinShares Bitcoin and Ether ETF without committing to a direction. CoinShares Bitcoin and Ether ETF's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate BTF straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on BTF profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when CoinShares Bitcoin and Ether ETF stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the BTF straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
BTF primarily invests in bitcoin futures and ether futures contracts, with the remainder of the fund's assets being held in high-quality securities, such as U.S. Treasuries and corporate bonds.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the BTF straddle is the cleanest expression of that view. Our scanner prices every BTF straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a BTF straddle into a catalyst or short a BTF straddle to harvest decay, the options straddle setups that matter are all in one place.
